2023 BND to IRR Historical Review

YEARLY HIGH

32307.0363 IRR

YEARLY LOW

30708.0426 IRR

YEARLY AVERAGE

31451.6853 IRR

2023 BND to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 32307.0363. Conversely, the yearly low was recorded on October 3, dropping to 30708.0426.

This high-to-low spread represents a total annual volatility of 1598.9937 IRR. From a start-to-finish perspective, comparing the January average rate of 31605.6610 to the December average rate of 31697.7333, the exchange rate registered a net change of 0.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 32307.0363 was up 2.50% compared to the 2022 peak of 31520.1293, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161,535,181 IRR

2022 Average 153,323,775 IRR

Yearly Trough Low 153,540,213 IRR

Transaction Impact: A difference of 7,994,968.46 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31859.5952

30778.6521

JanuMarcMayJulySeptNove

BND 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 31589.1001, compared to 31314.2705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 274.8296 points.

H1 Avg (Jan–Jun) 31589.1001

H2 Avg (Jul–Dec) 31314.2705

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1139.9470 IRR (High: 32158.9720 / Low: 31019.0250). On the other end, October was the most stable month, with a tight range of 339.0350 IRR (High: 31047.0776 / Low: 30708.0426).

January Spread (Volatile) ±1139.9470

October Spread (Stable) ±339.0350

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 July and August, when the average rate fell by 350.6885 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -350.6885

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 31700.4448) against the same month in 2022 (average: 31386.4544), the exchange rate shifted by +313.9904 (+1.00%).

2023 Avg (February) 31700.4448

2022 Avg (February) 31386.4544

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32158.9720	31019.0250	31605.6610
February	32307.0363	31172.2500	31700.4448
March	31905.0205	31186.1197	31471.1566
April	32021.2090	31601.7802	31769.5166
May	31918.9097	31224.9250	31573.6824
June	31647.0388	31112.3417	31414.1390
July	32093.5713	31112.3417	31657.3725
August	31725.7456	31117.7816	31306.6840
September	31289.6675	30780.2796	31014.9644
October	31047.0776	30708.0426	30868.7307
November	31725.6024	30809.6986	31340.1379
December	31943.7759	31444.4936	31697.7333