2016 BIF to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 BIF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |