2017 BMD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BMD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BMD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 35636.4553. Conversely, the yearly low was recorded on January 6, dropping to 30073.9923.
This high-to-low spread represents a total annual volatility of 5562.4630 IRR. From a start-to-finish perspective, comparing the January average rate of 31709.9112 to the December average rate of 35250.6637, the exchange rate registered a net change of 11.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 35636.4553 was up 17.18% compared to the 2016 peak of 30412.5000, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BMD 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 32317.5233, compared to 33775.8332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1458.3100 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 2308.8577 IRR (High: 32382.8500 / Low: 30073.9923). On the other end, May was the most stable month, with a tight range of 13.1792 IRR (High: 32463.5000 / Low: 32450.3208).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 35250.6637) against the same month in 2016 (average: 30076.5149), the exchange rate shifted by +5174.1488 (+17.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32382.8500 | 30073.9923 | 31709.9112 |
| February | 32429.2426 | 32375.5000 | 32400.7364 |
| March | 32436.0846 | 32398.5750 | 32428.6528 |
| April | 32452.5000 | 32434.6702 | 32446.7873 |
| May | 32463.5000 | 32450.3208 | 32456.4379 |
| June | 32471.0000 | 32452.0000 | 32462.6139 |
| July | 32706.5000 | 32468.0000 | 32606.9880 |
| August | 33184.0000 | 32711.5000 | 32853.4679 |
| September | 33482.5000 | 33184.0000 | 33314.3333 |
| October | 34571.4467 | 33482.5000 | 33934.3155 |
| November | 34782.0000 | 34569.4467 | 34695.2311 |
| December | 35636.4553 | 34782.0000 | 35250.6637 |