YEARLY HIGH
32869.3844 IRR
YEARLY LOW
20781.8066 IRR
YEARLY AVERAGE
20931.9379 IRR

2020 BZD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BZD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 32869.3844. Conversely, the yearly low was recorded on January 1, dropping to 20781.8066.

This high-to-low spread represents a total annual volatility of 12087.5779 IRR. From a start-to-finish perspective, comparing the January average rate of 20889.5402 to the December average rate of 20887.2337, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 32869.3844 was up 53.89% compared to the 2019 peak of 21359.4923, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 164,346,922 IRR
2019 Average 104,602,078 IRR
Yearly Trough Low 103,909,033 IRR
Transaction Impact: A difference of 60,437,889.29 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

21320.7839
20847.8200
JanuMarcMayJulySeptNove

BZD 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 20905.4386, compared to 20958.4372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 52.9986 points.

H1 Avg (Jan–Jun) 20905.4386
H2 Avg (Jul–Dec) 20958.4372

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 12004.4047 IRR (High: 32869.3844 / Low: 20864.9798). On the other end, September was the most stable month, with a tight range of 26.1542 IRR (High: 20900.9057 / Low: 20874.7515).

July Spread (Volatile) ±12004.4047
September Spread (Stable) ±26.1542

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 372.5056 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -372.5056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 21281.3703) against the same month in 2019 (average: 20884.3308), the exchange rate shifted by +397.0394 (+1.90%).

2020 Avg (July) 21281.3703
2019 Avg (July) 20884.3308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20950.6509 20781.8066 20889.5402
February 20908.3404 20878.8195 20889.7289
March 21280.1228 20821.1870 20934.5859
April 21234.8222 20796.7417 20926.6387
May 21027.4189 20874.2237 20899.8382
June 20930.6825 20879.5961 20892.2999
July 32869.3844 20864.9798 21281.3703
August 21000.2200 20828.7369 20908.8646
September 20900.9057 20874.7515 20888.5681
October 21001.7807 20827.6241 20890.6908
November 20999.5496 20874.3168 20893.8960
December 20908.0237 20878.4882 20887.2337