YEARLY HIGH
21175.0000 IRR
YEARLY LOW
20817.0000 IRR
YEARLY AVERAGE
21109.7228 IRR

2023 BBD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 21175.0000. Conversely, the yearly low was recorded on March 26, dropping to 20817.0000.

This high-to-low spread represents a total annual volatility of 358.0000 IRR. From a start-to-finish perspective, comparing the January average rate of 20967.7097 to the December average rate of 21115.1210, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21175.0000 was down 0.24% compared to the 2022 peak of 21225.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,875,000 IRR
2022 Average 105,669,552 IRR
Yearly Trough Low 104,085,000 IRR
Transaction Impact: A difference of 1,790,000.00 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21156.9185
20950.5089
JanuMarcMayJulySeptNove

BBD 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 21093.4498, compared to 21125.9959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.5461 points.

H1 Avg (Jan–Jun) 21093.4498
H2 Avg (Jul–Dec) 21125.9959

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 358.0000 IRR (High: 21175.0000 / Low: 20817.0000). On the other end, October was the most stable month, with a tight range of 12.5000 IRR (High: 21131.2500 / Low: 21118.7500).

February Spread (Volatile) ±358.0000
October Spread (Stable) ±12.5000

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 27.7667 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -27.7667

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 21109.3393) against the same month in 2022 (average: 21129.0774), the exchange rate shifted by -19.7381 (-0.09%).

2023 Avg (February) 21109.3393
2022 Avg (February) 21129.0774

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21102.5000 20817.0000 20967.7097
February 21175.0000 20817.0000 21109.3393
March 21137.5000 20817.0000 21081.5726
April 21137.5000 21125.0000 21129.1667
May 21162.5000 21125.0000 21135.8065
June 21162.5000 21125.0000 21137.1042
July 21175.0000 21004.5500 21122.0532
August 21162.5000 21125.0000 21139.7177
September 21137.5000 21118.7500 21126.1667
October 21131.2500 21118.7500 21125.0000
November 21137.5000 21112.5000 21127.9167
December 21137.5000 21008.7500 21115.1210