YEARLY HIGH
19.5838 IRR
YEARLY LOW
17.8087 IRR
YEARLY AVERAGE
18.6691 IRR

2016 BIF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BIF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 19.5838. Conversely, the yearly low was recorded on December 10, dropping to 17.8087.

This high-to-low spread represents a total annual volatility of 1.7751 IRR. From a start-to-finish perspective, comparing the January average rate of 19.2117 to the December average rate of 17.9503, the exchange rate registered a net change of -6.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 19.5838 was up 0.33% compared to the 2015 peak of 19.5194, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97,919 IRR
2015 Average 92,450 IRR
Yearly Trough Low 89,043 IRR
Transaction Impact: A difference of 8,875.74 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

19.6118
17.7993
JanuMarcMayJulySeptNove

BIF 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 19.2840, compared to 18.0542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2298 points.

H1 Avg (Jan–Jun) 19.2840
H2 Avg (Jul–Dec) 18.0542

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1.5670 IRR (High: 19.5557 / Low: 17.9887). On the other end, October was the most stable month, with a tight range of 0.1180 IRR (High: 18.1127 / Low: 17.9947).

June Spread (Volatile) ±1.5670
October Spread (Stable) ±0.1180

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.7287 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7287

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 19.4608) against the same month in 2015 (average: 17.9733), the exchange rate shifted by +1.4875 (+8.28%).

2016 Avg (April) 19.4608
2015 Avg (April) 17.9733

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.3807 19.0464 19.2117
February 19.4972 19.1272 19.3432
March 19.4906 19.2244 19.3609
April 19.5838 19.3308 19.4608
May 19.5330 19.3046 19.4157
June 19.5557 17.9887 18.9114
July 18.3944 18.0815 18.1827
August 18.2053 17.9506 18.0922
September 18.1405 17.9672 18.0721
October 18.1127 17.9947 18.0407
November 18.0523 17.9282 17.9871
December 18.0263 17.8087 17.9503