YEARLY HIGH
4.7069 IRR
YEARLY LOW
4.4033 IRR
YEARLY AVERAGE
4.5678 IRR

2019 GNF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 4.7069. Conversely, the yearly low was recorded on December 31, dropping to 4.4033.

This high-to-low spread represents a total annual volatility of 0.3036 IRR. From a start-to-finish perspective, comparing the January average rate of 4.6184 to the December average rate of 4.4419, the exchange rate registered a net change of -3.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 4.7069 was down 2.95% compared to the 2018 peak of 4.8500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,534 IRR
2018 Average 22,479 IRR
Yearly Trough Low 22,016 IRR
Transaction Impact: A difference of 1,518.15 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

4.6360
4.4243
JanuMarcMayJulySeptNove

GNF 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 4.5983, compared to 4.5372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0611 points.

H1 Avg (Jan–Jun) 4.5983
H2 Avg (Jul–Dec) 4.5372

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.2467 IRR (High: 4.6628 / Low: 4.4160). On the other end, October was the most stable month, with a tight range of 0.0452 IRR (High: 4.5722 / Low: 4.5270).

November Spread (Volatile) ±0.2467
October Spread (Stable) ±0.0452

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.0634 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0634

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 4.6184) against the same month in 2018 (average: 4.0012), the exchange rate shifted by +0.6171 (+15.42%).

2019 Avg (January) 4.6184
2018 Avg (January) 4.0012

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7069 4.5717 4.6184
February 4.6621 4.5618 4.5912
March 4.6690 4.5618 4.5929
April 4.6605 4.5618 4.6000
May 4.6763 4.5544 4.5903
June 4.6578 4.5618 4.5972
July 4.6112 4.5581 4.5735
August 4.6623 4.5568 4.5781
September 4.6125 4.5459 4.5686
October 4.5722 4.5270 4.5558
November 4.6628 4.4160 4.5054
December 4.4726 4.4033 4.4419