YEARLY HIGH
6355.2743 IRR
YEARLY LOW
5149.0179 IRR
YEARLY AVERAGE
5886.6355 IRR

2018 BOB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 6355.2743. Conversely, the yearly low was recorded on January 10, dropping to 5149.0179.

This high-to-low spread represents a total annual volatility of 1206.2564 IRR. From a start-to-finish perspective, comparing the January average rate of 5214.7749 to the December average rate of 6113.8835, the exchange rate registered a net change of 17.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 6355.2743 was up 23.33% compared to the 2017 peak of 5153.2608, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BOB based on timing:

Yearly Peak High 31,776,371 IRR
2017 Average 23,820,688 IRR
Yearly Trough Low 25,745,089 IRR
Transaction Impact: A difference of 6,031,282.01 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6378.4787
5108.9836
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 5572.1840, compared to 6201.0870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 628.9030 points.

H1 Avg (Jan–Jun) 5572.1840
H2 Avg (Jul–Dec) 6201.0870

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 696.8586 IRR (High: 6105.1120 / Low: 5408.2534). On the other end, March was the most stable month, with a tight range of 46.0938 IRR (High: 5442.9877 / Low: 5396.8939).

May Spread (Volatile) ±696.8586
March Spread (Stable) ±46.0938

Growth Streaks & Declines

Trends

Between January and August, 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 September and October, when the average rate fell by 88.1170 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -88.1170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 6272.6874) against the same month in 2017 (average: 4719.5933), the exchange rate shifted by +1553.0941 (+32.91%).

2018 Avg (August) 6272.6874
2017 Avg (August) 4719.5933

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5352.3752 5149.0179 5214.7749
February 5396.0817 5347.0035 5363.1033
March 5442.9877 5396.8939 5425.7455
April 5469.3408 5415.3554 5429.2507
May 6105.1120 5408.2534 5871.7431
June 6170.8243 6082.5839 6128.4867
July 6353.0329 6175.8369 6269.1254
August 6355.2743 6242.0117 6272.6874
September 6254.3932 6202.2959 6242.3065
October 6245.4804 6141.6451 6154.1895
November 6200.0768 6131.2920 6154.3296
December 6152.7093 6087.6113 6113.8835