2023 AFN to IRR Historical Review

YEARLY HIGH

614.9858 IRR

YEARLY LOW

462.0219 IRR

YEARLY AVERAGE

514.0640 IRR

2023 AFN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 614.9858. Conversely, the yearly low was recorded on April 18, dropping to 462.0219.

This high-to-low spread represents a total annual volatility of 152.9640 IRR. From a start-to-finish perspective, comparing the January average rate of 471.9667 to the December average rate of 603.7429, the exchange rate registered a net change of 27.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 614.9858 was up 23.74% compared to the 2022 peak of 496.9807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,074,929 IRR

2022 Average 2,353,984 IRR

Yearly Trough Low 2,310,109 IRR

Transaction Impact: A difference of 764,819.79 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

617.0226

457.6660

JanuMarcMayJulySeptNove

AFN 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 480.4730, compared to 547.6549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 67.1818 points.

H1 Avg (Jan–Jun) 480.4730

H2 Avg (Jul–Dec) 547.6549

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 57.7590 IRR (High: 576.3970 / Low: 518.6380). On the other end, June was the most stable month, with a tight range of 13.2490 IRR (High: 496.1062 / Low: 482.8572).

September Spread (Volatile) ±57.7590

June Spread (Stable) ±13.2490

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 4.6312 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -4.6312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 591.7490) against the same month in 2022 (average: 481.9738), the exchange rate shifted by +109.7753 (+22.78%).

2023 Avg (November) 591.7490

2022 Avg (November) 481.9738

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	477.2757	462.4073	471.9667
February	481.8863	464.5976	470.9458
March	494.0010	472.3464	481.3167
April	495.8150	462.0219	487.8329
May	490.6856	475.8295	483.2017
June	496.1062	482.8572	487.5745
July	496.2666	481.8017	487.7083
August	520.2794	488.4130	500.8782
September	576.3970	518.6380	542.3705
October	576.4149	538.8932	559.4804
November	614.9858	567.2818	591.7490
December	610.1135	593.7174	603.7429