2023 CAD to IRR Historical Review

YEARLY HIGH

32239.1224 IRR

YEARLY LOW

30161.9155 IRR

YEARLY AVERAGE

31276.9258 IRR

2023 CAD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 32239.1224. Conversely, the yearly low was recorded on March 25, dropping to 30161.9155.

This high-to-low spread represents a total annual volatility of 2077.2069 IRR. From a start-to-finish perspective, comparing the January average rate of 31249.3752 to the December average rate of 31492.3294, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 32239.1224 was down 4.97% compared to the 2022 peak of 33924.4546, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161,195,612 IRR

2022 Average 162,480,571 IRR

Yearly Trough Low 150,809,577 IRR

Transaction Impact: A difference of 10,386,034.69 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32046.1958

30660.9087

JanuMarcMayJulySeptNove

CAD 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 31287.4684, compared to 31266.3832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.0852 points.

H1 Avg (Jan–Jun) 31287.4684

H2 Avg (Jul–Dec) 31266.3832

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1086.9296 IRR (High: 31248.8450 / Low: 30161.9155). On the other end, September was the most stable month, with a tight range of 551.0661 IRR (High: 31430.0379 / Low: 30878.9718).

March Spread (Volatile) ±1086.9296

September Spread (Stable) ±551.0661

Growth Streaks & Declines

Trends

Between May and July, 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 February and March, when the average rate fell by 596.1556 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -596.1556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 31930.7552) against the same month in 2022 (average: 32758.6615), the exchange rate shifted by -827.9063 (-2.53%).

2023 Avg (July) 31930.7552

2022 Avg (July) 32758.6615

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31714.8251	30642.8788	31249.3752
February	31794.5681	30879.4342	31372.5049
March	31248.8450	30161.9155	30776.3493
April	31667.6048	30887.8898	31264.6802
May	31612.5583	30933.1186	31246.6857
June	32154.6221	31460.6441	31815.2154
July	32239.1224	31621.3001	31930.7552
August	31882.2288	31060.5782	31354.6257
September	31430.0379	30878.9718	31182.2278
October	31116.8165	30433.1724	30810.4698
November	31164.5510	30520.4192	30827.8914
December	32024.1053	31082.5669	31492.3294