2019 BND to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BND to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BND to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 31647.5528. Conversely, the yearly low was recorded on January 5, dropping to 26714.7433.
This high-to-low spread represents a total annual volatility of 4932.8096 IRR. From a start-to-finish perspective, comparing the January average rate of 26991.6265 to the December average rate of 31038.9487, the exchange rate registered a net change of 14.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 31647.5528 was down 1.05% compared to the 2018 peak of 31982.9832, 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 2019.
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 30434.3175, compared to 31031.7442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 597.4267 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was February, with a trading range of 4760.8050 IRR (High: 31477.8537 / Low: 26717.0487). On the other end, November was the most stable month, with a tight range of 236.2623 IRR (High: 31045.1521 / Low: 30808.8898).
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 September and October, when the average rate fell by 406.7282 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2019: 31245.7477) against the same month in 2018 (average: 29593.0534), the exchange rate shifted by +1652.6943 (+5.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31192.4009 | 26714.7433 | 26991.6265 |
| February | 31477.8537 | 26717.0487 | 30702.1080 |
| March | 31549.5986 | 31028.0487 | 31219.6726 |
| April | 31646.5845 | 31108.1919 | 31243.5953 |
| May | 31627.6672 | 30951.9350 | 31203.1549 |
| June | 31647.5528 | 30663.2749 | 31245.7477 |
| July | 31228.4218 | 30974.6134 | 31166.3756 |
| August | 31198.2863 | 30858.7913 | 31164.8049 |
| September | 31326.1078 | 30479.5287 | 31146.8392 |
| October | 31174.3178 | 30488.0256 | 30740.1109 |
| November | 31045.1521 | 30808.8898 | 30933.3857 |
| December | 31257.4933 | 30754.9255 | 31038.9487 |