2023 BTN to IRR Historical Review

YEARLY HIGH

523.3700 IRR

YEARLY LOW

502.4985 IRR

YEARLY AVERAGE

511.4758 IRR

2023 BTN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 523.3700. Conversely, the yearly low was recorded on December 28, dropping to 502.4985.

This high-to-low spread represents a total annual volatility of 20.8714 IRR. From a start-to-finish perspective, comparing the January average rate of 512.5375 to the December average rate of 506.8331, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 523.3700 was down 8.52% compared to the 2022 peak of 572.0882, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,616,850 IRR

2022 Average 2,692,720 IRR

Yearly Trough Low 2,512,493 IRR

Transaction Impact: A difference of 104,357.20 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

516.9389

505.9144

JanuMarcMayJulySeptNove

BTN 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 513.4511, compared to 509.5005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9506 points.

H1 Avg (Jan–Jun) 513.4511

H2 Avg (Jul–Dec) 509.5005

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 14.9962 IRR (High: 518.8482 / Low: 503.8521). On the other end, October was the most stable month, with a tight range of 2.7678 IRR (High: 509.9218 / Low: 507.1541).

March Spread (Volatile) ±14.9962

October Spread (Stable) ±2.7678

Growth Streaks & Declines

Trends

Between February and April, 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 3.9768 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.9768

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 516.0202) against the same month in 2022 (average: 555.2956), the exchange rate shifted by -39.2754 (-7.07%).

2023 Avg (April) 516.0202

2022 Avg (April) 555.2956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	518.1884	505.2236	512.5375
February	515.7222	503.4007	511.1654
March	518.8482	503.8521	512.8912
April	523.3700	513.1913	516.0202
May	517.8103	510.2823	513.7282
June	518.9080	511.6709	514.3645
July	518.4895	510.6450	514.5471
August	514.8746	507.5573	510.5703
September	511.2904	507.0715	509.0214
October	509.9218	507.1541	508.1158
November	511.7282	506.5939	507.9155
December	509.1034	502.4985	506.8331