2018 BOB to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |