YEARLY HIGH
24.8044 IRR
YEARLY LOW
20.1045 IRR
YEARLY AVERAGE
22.8759 IRR

2018 BIF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BIF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 24.8044. Conversely, the yearly low was recorded on January 3, dropping to 20.1045.

This high-to-low spread represents a total annual volatility of 4.7000 IRR. From a start-to-finish perspective, comparing the January average rate of 20.4433 to the December average rate of 23.3784, the exchange rate registered a net change of 14.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 24.8044 was up 22.16% compared to the 2017 peak of 20.3051, 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 124,022 IRR
2017 Average 95,907 IRR
Yearly Trough Low 100,522 IRR
Transaction Impact: A difference of 23,499.79 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

24.8330
20.0442
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 21.7728, compared to 23.9790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2063 points.

H1 Avg (Jan–Jun) 21.7728
H2 Avg (Jul–Dec) 23.9790

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 2.9240 IRR (High: 23.9532 / Low: 21.0292). On the other end, September was the most stable month, with a tight range of 0.2210 IRR (High: 24.3901 / Low: 24.1691).

May Spread (Volatile) ±2.9240
September Spread (Stable) ±0.2210

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 0.5721 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 24.4340) against the same month in 2017 (average: 18.9028), the exchange rate shifted by +5.5312 (+29.26%).

2018 Avg (July) 24.4340
2017 Avg (July) 18.9028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.9698 20.1045 20.4433
February 21.1608 20.8684 21.0001
March 21.4087 21.0155 21.2290
April 21.3954 21.0292 21.1712
May 23.9532 21.0292 22.9053
June 24.0816 23.6275 23.8875
July 24.8044 24.0094 24.4340
August 24.7320 24.1678 24.4013
September 24.3901 24.1691 24.3097
October 24.2692 23.4067 23.7376
November 24.0263 23.3978 23.6132
December 23.7835 23.0712 23.3784