2018 BWP to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BWP to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BWP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 4295.6374. Conversely, the yearly low was recorded on January 8, dropping to 3617.5547.
This high-to-low spread represents a total annual volatility of 678.0827 IRR. From a start-to-finish perspective, comparing the January average rate of 3699.6499 to the December average rate of 3951.2016, the exchange rate registered a net change of 6.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 4295.6374 was up 18.30% compared to the 2017 peak of 3631.2226, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BWP 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 3935.7626, compared to 4038.8842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 103.1217 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 521.1201 IRR (High: 4293.8162 / Low: 3772.6960). On the other end, March was the most stable month, with a tight range of 85.6416 IRR (High: 3968.7042 / Low: 3883.0626).
Growth Streaks & Declines
TrendsBetween April and July, 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 July and August, when the average rate fell by 100.9031 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2018: 4200.1735) against the same month in 2017 (average: 3185.9449), the exchange rate shifted by +1014.2286 (+31.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3874.0400 | 3617.5547 | 3699.6499 |
| February | 3933.9519 | 3816.6918 | 3878.2817 |
| March | 3968.7042 | 3883.0626 | 3919.9198 |
| April | 3933.5554 | 3810.1353 | 3882.6235 |
| May | 4293.8162 | 3772.6960 | 4090.0912 |
| June | 4230.1671 | 4062.5665 | 4144.0094 |
| July | 4295.6374 | 4080.2412 | 4200.1735 |
| August | 4272.0945 | 3968.0726 | 4099.2703 |
| September | 4084.1890 | 3910.5102 | 4002.0773 |
| October | 4058.6904 | 3905.9496 | 3985.0411 |
| November | 4045.4156 | 3942.5046 | 3995.5416 |
| December | 4062.6613 | 3900.8205 | 3951.2016 |