2017 BND to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BND to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BND to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 26717.7498. Conversely, the yearly low was recorded on January 3, dropping to 20721.1536.
This high-to-low spread represents a total annual volatility of 5996.5962 IRR. From a start-to-finish perspective, comparing the January average rate of 22189.2036 to the December average rate of 26187.5067, the exchange rate registered a net change of 18.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 26717.7498 was up 17.84% compared to the 2016 peak of 22672.6235, 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 2017.
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 23020.0291, compared to 24891.6300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1871.6009 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 2262.3097 IRR (High: 22983.4634 / Low: 20721.1536). On the other end, April was the most stable month, with a tight range of 244.4024 IRR (High: 23300.3726 / Low: 23055.9702).
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: 26187.5067) against the same month in 2016 (average: 20940.2116), the exchange rate shifted by +5247.2951 (+25.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22983.4634 | 20721.1536 | 22189.2036 |
| February | 23165.1242 | 22755.5306 | 22917.1021 |
| March | 23281.6316 | 22817.9831 | 23078.0069 |
| April | 23300.3726 | 23055.9702 | 23192.2189 |
| May | 23456.6229 | 23003.6425 | 23277.2276 |
| June | 23584.9262 | 23340.2985 | 23466.4156 |
| July | 24121.2507 | 23489.9110 | 23786.9544 |
| August | 24461.7299 | 23928.7647 | 24146.7722 |
| September | 24827.9937 | 24364.3313 | 24688.8896 |
| October | 25372.0864 | 24520.3222 | 24940.5382 |
| November | 25975.7240 | 25309.6004 | 25599.1191 |
| December | 26717.7498 | 25794.0979 | 26187.5067 |