2022 BIF to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BIF to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BIF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 21.3525. Conversely, the yearly low was recorded on December 17, dropping to 19.9071.
This high-to-low spread represents a total annual volatility of 1.4454 IRR. From a start-to-finish perspective, comparing the January average rate of 21.1075 to the December average rate of 20.1823, the exchange rate registered a net change of -4.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 21.3525 was down 1.77% compared to the 2021 peak of 21.7377, 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 2022.
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 20.8862, compared to 20.5190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3672 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was December, with a trading range of 0.7054 IRR (High: 20.6125 / Low: 19.9071). On the other end, July was the most stable month, with a tight range of 0.1910 IRR (High: 20.7251 / Low: 20.5341).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3885 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 21.1075) against the same month in 2021 (average: 21.6306), the exchange rate shifted by -0.5232 (-2.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.3525 | 20.9542 | 21.1075 |
| February | 21.1934 | 20.9470 | 21.0505 |
| March | 21.1236 | 20.5135 | 20.8861 |
| April | 21.0644 | 20.4663 | 20.8173 |
| May | 21.0186 | 20.6343 | 20.8050 |
| June | 20.8621 | 20.4220 | 20.6510 |
| July | 20.7251 | 20.5341 | 20.5967 |
| August | 20.7395 | 20.4305 | 20.5898 |
| September | 20.7886 | 20.3783 | 20.5999 |
| October | 20.6992 | 20.3565 | 20.5745 |
| November | 20.7045 | 20.4893 | 20.5708 |
| December | 20.6125 | 19.9071 | 20.1823 |