2018 BND to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BND to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BND to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 31982.9832. Conversely, the yearly low was recorded on May 5, dropping to 25702.4518.
This high-to-low spread represents a total annual volatility of 6280.5313 IRR. From a start-to-finish perspective, comparing the January average rate of 27272.8067 to the December average rate of 26936.9501, the exchange rate registered a net change of -1.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 31982.9832 was up 19.71% compared to the 2017 peak of 26717.7498, 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 2018.
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 28666.4236, compared to 29172.4627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 506.0391 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 6074.5717 IRR (High: 31777.0236 / Low: 25702.4518). On the other end, February was the most stable month, with a tight range of 505.5597 IRR (High: 28288.3882 / Low: 27782.8286).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2395.8201 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2018: 30562.7539) against the same month in 2017 (average: 23786.9544), the exchange rate shifted by +6775.7994 (+28.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28213.1943 | 26648.7037 | 27272.8067 |
| February | 28288.3882 | 27782.8286 | 28080.5443 |
| March | 28721.7047 | 28107.0408 | 28506.5849 |
| April | 28740.6355 | 27986.7941 | 28489.9647 |
| May | 31777.0236 | 25702.4518 | 30055.5876 |
| June | 31942.1383 | 27967.7240 | 29593.0534 |
| July | 31982.9832 | 28788.0183 | 30562.7539 |
| August | 31643.0613 | 28566.5438 | 28775.6540 |
| September | 31690.8529 | 28564.8726 | 29233.6088 |
| October | 30879.4728 | 30011.7693 | 30193.0392 |
| November | 31125.6965 | 26963.7818 | 29332.7701 |
| December | 30820.8990 | 26713.2687 | 26936.9501 |