2023 BAM to IRR Historical Review

YEARLY HIGH

24318.3385 IRR

YEARLY LOW

22435.4558 IRR

YEARLY AVERAGE

23354.8707 IRR

2023 BAM to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 24318.3385. Conversely, the yearly low was recorded on January 8, dropping to 22435.4558.

This high-to-low spread represents a total annual volatility of 1882.8826 IRR. From a start-to-finish perspective, comparing the January average rate of 23074.4455 to the December average rate of 23569.3447, the exchange rate registered a net change of 2.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 24318.3385 was down 2.05% compared to the 2022 peak of 24826.8457, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 121,591,692 IRR

2022 Average 113,882,186 IRR

Yearly Trough Low 112,177,279 IRR

Transaction Impact: A difference of 9,414,413.20 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

23991.5591

22725.2601

JanuMarcMayJulySeptNove

BAM 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 23320.3150, compared to 23389.4263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 69.1113 points.

H1 Avg (Jan–Jun) 23320.3150

H2 Avg (Jul–Dec) 23389.4263

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1080.8964 IRR (High: 23516.3522 / Low: 22435.4558). On the other end, October was the most stable month, with a tight range of 403.4142 IRR (High: 23017.1467 / Low: 22613.7326).

January Spread (Volatile) ±1080.8964

October Spread (Stable) ±403.4142

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 487.8603 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -487.8603

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 23886.0342) against the same month in 2022 (average: 22085.6606), the exchange rate shifted by +1800.3735 (+8.15%).

2023 Avg (July) 23886.0342

2022 Avg (July) 22085.6606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23516.3522	22435.4558	23074.4455
February	23744.6560	22738.9035	23126.0697
March	23544.5670	22768.8298	23077.5420
April	24044.5630	23472.1049	23712.1126
May	23907.3337	23179.3523	23508.1870
June	23786.2272	23120.1993	23423.5332
July	24318.3385	23487.5413	23886.0342
August	23855.1367	23323.0454	23592.6342
September	23429.6583	22764.3030	23104.7740
October	23017.1467	22613.7326	22830.7850
November	23736.9419	22773.2875	23352.9857
December	23836.1583	23248.0424	23569.3447