YEARLY HIGH
23.9278 IRR
YEARLY LOW
22.3369 IRR
YEARLY AVERAGE
22.8925 IRR

2019 BIF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BIF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 23.9278. Conversely, the yearly low was recorded on December 28, dropping to 22.3369.

This high-to-low spread represents a total annual volatility of 1.5909 IRR. From a start-to-finish perspective, comparing the January average rate of 23.4407 to the December average rate of 22.4284, the exchange rate registered a net change of -4.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 23.9278 was down 3.53% compared to the 2018 peak of 24.8044, 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 119,639 IRR
2018 Average 114,436 IRR
Yearly Trough Low 111,684 IRR
Transaction Impact: A difference of 7,954.50 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

23.5420
22.3272
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 23.1210, compared to 22.6640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4570 points.

H1 Avg (Jan–Jun) 23.1210
H2 Avg (Jul–Dec) 22.6640

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.8059 IRR (High: 23.9278 / Low: 23.1219). On the other end, November was the most stable month, with a tight range of 0.1377 IRR (High: 22.5825 / Low: 22.4448).

January Spread (Volatile) ±0.8059
November Spread (Stable) ±0.1377

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2188 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.2188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 23.4407) against the same month in 2018 (average: 20.4433), the exchange rate shifted by +2.9974 (+14.66%).

2019 Avg (January) 23.4407
2018 Avg (January) 20.4433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.9278 23.1219 23.4407
February 23.6400 22.9956 23.2220
March 23.5815 22.9330 23.1705
April 23.3269 22.9455 23.0396
May 23.2943 22.7472 22.9523
June 23.1792 22.6981 22.9008
July 22.9068 22.7349 22.8416
August 23.2183 22.6981 22.8282
September 22.9480 22.6249 22.7328
October 22.8647 22.5040 22.6623
November 22.5825 22.4448 22.4904
December 22.4974 22.3369 22.4284