YEARLY HIGH
20.3051 IRR
YEARLY LOW
17.7963 IRR
YEARLY AVERAGE
19.1812 IRR

2017 BIF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 20.3051. Conversely, the yearly low was recorded on January 6, dropping to 17.7963.

This high-to-low spread represents a total annual volatility of 2.5088 IRR. From a start-to-finish perspective, comparing the January average rate of 18.8753 to the December average rate of 20.0440, the exchange rate registered a net change of 6.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 20.3051 was up 3.68% compared to the 2016 peak of 19.5838, 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 101,525 IRR
2016 Average 93,330 IRR
Yearly Trough Low 88,982 IRR
Transaction Impact: A difference of 12,543.96 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

20.1658
18.7044
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 19.0220, compared to 19.3403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3183 points.

H1 Avg (Jan–Jun) 19.0220
H2 Avg (Jul–Dec) 19.3403

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 1.6320 IRR (High: 19.4283 / Low: 17.7963). On the other end, June was the most stable month, with a tight range of 0.1302 IRR (High: 18.9213 / Low: 18.7911).

January Spread (Volatile) ±1.6320
June Spread (Stable) ±0.1302

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2313 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 20.0440) against the same month in 2016 (average: 17.9503), the exchange rate shifted by +2.0937 (+11.66%).

2017 Avg (December) 20.0440
2016 Avg (December) 17.9503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.4283 17.7963 18.8753
February 19.2869 19.0060 19.1365
March 19.3061 18.8668 19.1191
April 19.2040 18.9729 19.1176
May 19.1862 18.8318 19.0575
June 18.9213 18.7911 18.8262
July 19.2841 18.8024 18.9028
August 19.1094 18.6732 18.8991
September 19.2983 18.9351 19.0830
October 19.7243 19.1033 19.3507
November 19.9237 19.6613 19.7624
December 20.3051 19.7985 20.0440