2017 BOB to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BOB to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BOB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 5153.2608. Conversely, the yearly low was recorded on January 6, dropping to 4317.6961.
This high-to-low spread represents a total annual volatility of 835.5647 IRR. From a start-to-finish perspective, comparing the January average rate of 4583.1806 to the December average rate of 5099.1754, the exchange rate registered a net change of 11.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 5153.2608 was up 16.15% compared to the 2016 peak of 4436.8907, 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 2017.
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 4663.0369, compared to 4864.2793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 201.2424 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 383.2271 IRR (High: 4700.9232 / Low: 4317.6961). On the other end, June was the most stable month, with a tight range of 45.0478 IRR (High: 4703.1368 / Low: 4658.0889).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 5.7396 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 5099.1754) against the same month in 2016 (average: 4345.2321), the exchange rate shifted by +753.9433 (+17.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4700.9232 | 4317.6961 | 4583.1806 |
| February | 4709.7292 | 4655.8559 | 4681.9796 |
| March | 4728.1993 | 4668.6920 | 4683.6992 |
| April | 4710.8182 | 4650.9772 | 4677.9596 |
| May | 4694.7892 | 4637.7206 | 4673.8235 |
| June | 4703.1368 | 4658.0889 | 4677.5787 |
| July | 4732.5590 | 4663.2072 | 4690.7001 |
| August | 4780.0141 | 4653.3219 | 4719.5933 |
| September | 4825.6484 | 4734.8048 | 4771.6546 |
| October | 4996.4464 | 4778.3008 | 4907.0987 |
| November | 5030.6261 | 4950.6929 | 4997.4534 |
| December | 5153.2608 | 5020.5835 | 5099.1754 |