2016 GMD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 GMD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the GMD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 770.9849. Conversely, the yearly low was recorded on December 3, dropping to 695.5349.
This high-to-low spread represents a total annual volatility of 75.4500 IRR. From a start-to-finish perspective, comparing the January average rate of 759.4991 to the December average rate of 702.5011, the exchange rate registered a net change of -7.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 770.9849 was down 0.30% compared to the 2015 peak of 773.3044, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
GMD 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 732.7529, compared to 704.7624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.9905 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 64.1631 IRR (High: 770.5928 / Low: 706.4297). On the other end, October was the most stable month, with a tight range of 3.7222 IRR (High: 706.6011 / Low: 702.8788).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 36.2118 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 764.5096) against the same month in 2015 (average: 639.5197), the exchange rate shifted by +124.9899 (+19.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 764.6630 | 756.7295 | 759.4991 |
| February | 770.9849 | 759.4940 | 764.5096 |
| March | 770.5928 | 706.4297 | 745.0107 |
| April | 713.4011 | 705.9029 | 708.7989 |
| May | 711.4552 | 706.1442 | 708.1099 |
| June | 716.1781 | 705.5113 | 710.5890 |
| July | 713.4307 | 702.8213 | 706.1179 |
| August | 707.8287 | 700.4890 | 704.9405 |
| September | 708.4866 | 704.4232 | 705.9018 |
| October | 706.6011 | 702.8788 | 704.7924 |
| November | 708.8450 | 699.7515 | 704.3207 |
| December | 708.8812 | 695.5349 | 702.5011 |