2016 NAD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NAD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NAD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 2256.3802. Conversely, the yearly low was recorded on January 18, dropping to 1781.4341.
This high-to-low spread represents a total annual volatility of 474.9461 IRR. From a start-to-finish perspective, comparing the January average rate of 1844.7524 to the December average rate of 2168.6541, the exchange rate registered a net change of 17.56% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 2256.3802 was down 7.15% compared to the 2015 peak of 2430.1568, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NAD 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 1964.1249, compared to 2149.7091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 185.5842 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 211.8439 IRR (High: 2131.8706 / Low: 1920.0267). On the other end, December was the most stable month, with a tight range of 99.6517 IRR (High: 2222.5058 / Low: 2122.8541).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 90.1408 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 2151.6133) against the same month in 2015 (average: 2117.2210), the exchange rate shifted by +34.3923 (+1.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1936.5760 | 1781.4341 | 1844.7524 |
| February | 1979.8760 | 1858.8896 | 1910.8393 |
| March | 2041.1457 | 1910.1310 | 1967.2865 |
| April | 2126.0095 | 1984.2457 | 2069.9080 |
| May | 2131.8706 | 1920.0267 | 1979.7673 |
| June | 2105.2924 | 1937.6631 | 2012.1958 |
| July | 2156.2091 | 2039.6434 | 2094.2216 |
| August | 2252.5263 | 2061.8246 | 2186.5409 |
| September | 2220.5616 | 2059.2948 | 2138.6196 |
| October | 2217.7205 | 2105.3516 | 2158.6049 |
| November | 2256.3802 | 2078.9020 | 2151.6133 |
| December | 2222.5058 | 2122.8541 | 2168.6541 |