2016 BND to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BND to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BND to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 22672.6235. Conversely, the yearly low was recorded on December 19, dropping to 20696.4083.
This high-to-low spread represents a total annual volatility of 1976.2152 IRR. From a start-to-finish perspective, comparing the January average rate of 20959.7636 to the December average rate of 20940.2116, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 22672.6235 was up 3.71% compared to the 2015 peak of 21860.7666, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BND 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 21896.5647, compared to 21798.2460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 98.3187 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 902.9487 IRR (High: 21927.0966 / Low: 21024.1479). On the other end, April was the most stable month, with a tight range of 284.9835 IRR (High: 22536.0391 / Low: 22251.0556).
Growth Streaks & Declines
TrendsBetween January and April, 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 October and November, when the average rate fell by 428.2310 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 22385.0056) against the same month in 2015 (average: 21602.6623), the exchange rate shifted by +782.3434 (+3.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21162.6529 | 20827.6225 | 20959.7636 |
| February | 21702.6881 | 20998.4238 | 21487.7680 |
| March | 22370.5119 | 21529.9887 | 22039.0576 |
| April | 22536.0391 | 22251.0556 | 22399.3310 |
| May | 22552.9745 | 21902.3680 | 22108.4623 |
| June | 22672.6235 | 21992.8740 | 22385.0056 |
| July | 22645.3997 | 22126.8429 | 22327.9108 |
| August | 22460.9813 | 22076.8338 | 22316.1032 |
| September | 22317.4046 | 21965.9321 | 22130.6981 |
| October | 22120.2479 | 21570.4629 | 21751.3917 |
| November | 21927.0966 | 21024.1479 | 21323.1607 |
| December | 21229.6995 | 20696.4083 | 20940.2116 |