YEARLY HIGH
24746.0238 IRR
YEARLY LOW
20754.3000 IRR
YEARLY AVERAGE
22781.4693 IRR

2022 BGN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 24746.0238. Conversely, the yearly low was recorded on September 27, dropping to 20754.3000.

This high-to-low spread represents a total annual volatility of 3991.7238 IRR. From a start-to-finish perspective, comparing the January average rate of 24459.6691 to the December average rate of 22571.8763, the exchange rate registered a net change of -7.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 24746.0238 was down 6.77% compared to the 2021 peak of 26541.8947, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 123,730,119 IRR
2021 Average 127,492,170 IRR
Yearly Trough Low 103,771,500 IRR
Transaction Impact: A difference of 19,958,619.17 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

24840.0793
20976.1664
JanuMarcMayJulySeptNove

BGN to IRR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 23655.3673, compared to 21907.5712 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1747.7960 points.

H1 Avg (Jan–Jun) 23655.3673
H2 Avg (Jul–Dec) 21907.5712

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1512.8165 IRR (High: 22588.1256 / Low: 21075.3091). On the other end, February was the most stable month, with a tight range of 540.7143 IRR (High: 24742.7346 / Low: 24202.0203).

November Spread (Volatile) ±1512.8165
February Spread (Stable) ±540.7143

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 811.3569 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -811.3569

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 24459.6691) against the same month in 2021 (average: 26204.3942), the exchange rate shifted by -1744.7251 (-6.66%).

2022 Avg (January) 24459.6691
2021 Avg (January) 26204.3942

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24746.0238 24073.6626 24459.6691
February 24742.7346 24202.0203 24518.0865
March 24165.3400 23443.9615 23794.1418
April 23919.8642 22707.9712 23409.7596
May 23377.6903 22451.2408 22874.9853
June 23251.9196 22491.0502 22875.5613
July 22550.8259 21707.4956 22064.2044
August 22364.7015 21519.1121 21898.3406
September 21908.9025 20754.3000 21459.6485
October 21866.7162 20978.7609 21298.1592
November 22588.1256 21075.3091 22153.1984
December 22904.4608 22269.0761 22571.8763