2023 BOB to IRR Historical Review

YEARLY HIGH

6201.1722 IRR

YEARLY LOW

6006.9687 IRR

YEARLY AVERAGE

6111.9763 IRR

2023 BOB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 6201.1722. Conversely, the yearly low was recorded on March 22, dropping to 6006.9687.

This high-to-low spread represents a total annual volatility of 194.2034 IRR. From a start-to-finish perspective, comparing the January average rate of 6068.7477 to the December average rate of 6104.6029, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6201.1722 was down 0.13% compared to the 2022 peak of 6209.3464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31,005,861 IRR

2022 Average 30,661,383 IRR

Yearly Trough Low 30,034,844 IRR

Transaction Impact: A difference of 971,017.24 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6127.7777

6063.3813

JanuMarcMayJulySeptNove

BOB 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 6107.2833, compared to 6116.6693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.3859 points.

H1 Avg (Jan–Jun) 6107.2833

H2 Avg (Jul–Dec) 6116.6693

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 194.2034 IRR (High: 6201.1722 / Low: 6006.9687). On the other end, May was the most stable month, with a tight range of 24.2192 IRR (High: 6133.1454 / Low: 6108.9263).

March Spread (Volatile) ±194.2034

May Spread (Stable) ±24.2192

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 17.8084 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -17.8084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 6110.3340) against the same month in 2022 (average: 6146.7240), the exchange rate shifted by -36.3901 (-0.59%).

2023 Avg (March) 6110.3340

2022 Avg (March) 6146.7240

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6108.6957	6024.9237	6068.7477
February	6130.1437	6023.8698	6109.0788
March	6201.1722	6006.9687	6110.3340
April	6156.6763	6086.9832	6116.7153
May	6133.1454	6108.9263	6119.9798
June	6155.7687	6098.5341	6118.8444
July	6174.5648	6081.7388	6119.3351
August	6166.8181	6090.9628	6118.7438
September	6136.6449	6099.4039	6116.1249
October	6141.4258	6099.4039	6118.7975
November	6163.4685	6110.2547	6122.4113
December	6120.8494	6049.7215	6104.6029