2016 BOB to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BOB to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BOB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 4436.8907. Conversely, the yearly low was recorded on December 8, dropping to 4319.4883.
This high-to-low spread represents a total annual volatility of 117.4024 IRR. From a start-to-finish perspective, comparing the January average rate of 4343.0807 to the December average rate of 4345.2321, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 4436.8907 was up 1.47% compared to the 2015 peak of 4372.5741, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BOB 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 4388.3846, compared to 4351.7566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 36.6280 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 73.9704 IRR (High: 4421.0770 / Low: 4347.1066). On the other end, January was the most stable month, with a tight range of 21.0269 IRR (High: 4351.3808 / Low: 4330.3539).
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 June and July, when the average rate fell by 30.6855 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 4420.2339) against the same month in 2015 (average: 4031.9787), the exchange rate shifted by +388.2552 (+9.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4351.3808 | 4330.3539 | 4343.0807 |
| February | 4403.8055 | 4336.8785 | 4377.3443 |
| March | 4436.8907 | 4400.8296 | 4420.2339 |
| April | 4431.2697 | 4371.3884 | 4397.0007 |
| May | 4401.4358 | 4371.8262 | 4389.4818 |
| June | 4415.9528 | 4374.9143 | 4403.1664 |
| July | 4421.0770 | 4347.1066 | 4372.4808 |
| August | 4359.8364 | 4327.3528 | 4346.7117 |
| September | 4359.6220 | 4335.4397 | 4348.4909 |
| October | 4369.4886 | 4335.9003 | 4349.0762 |
| November | 4360.9383 | 4330.7443 | 4348.5477 |
| December | 4364.5070 | 4319.4883 | 4345.2321 |