2023 CDF to IRR Historical Review

YEARLY HIGH

20.7086 IRR

YEARLY LOW

15.1332 IRR

YEARLY AVERAGE

18.2548 IRR

2023 CDF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 20.7086. Conversely, the yearly low was recorded on December 21, dropping to 15.1332.

This high-to-low spread represents a total annual volatility of 5.5754 IRR. From a start-to-finish perspective, comparing the January average rate of 20.4695 to the December average rate of 15.5134, the exchange rate registered a net change of -24.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 20.7086 was down 2.64% compared to the 2022 peak of 21.2704, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103,543 IRR

2022 Average 104,650 IRR

Yearly Trough Low 75,666 IRR

Transaction Impact: A difference of 27,876.99 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.9660

15.0177

JanuMarcMayJulySeptNove

CDF 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 19.8231, compared to 16.6866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1365 points.

H1 Avg (Jan–Jun) 19.8231

H2 Avg (Jul–Dec) 16.6866

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 2.5930 IRR (High: 20.7086 / Low: 18.1156). On the other end, September was the most stable month, with a tight range of 0.3107 IRR (High: 17.1961 / Low: 16.8853).

May Spread (Volatile) ±2.5930

September Spread (Stable) ±0.3107

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.4710 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.4710

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 19.3840) against the same month in 2022 (average: 21.0561), the exchange rate shifted by -1.6721 (-7.94%).

2023 Avg (May) 19.3840

2022 Avg (May) 21.0561

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.6709	20.1897	20.4695
February	20.6968	20.0118	20.4703
March	20.6724	19.9502	20.3899
April	20.6623	19.3395	20.3117
May	20.7086	18.1156	19.3840
June	18.2043	17.5311	17.9130
July	17.5311	16.5735	17.1119
August	17.3412	16.9653	17.0745
September	17.1961	16.8853	17.0119
October	17.0983	16.2705	16.7817
November	17.1663	15.5169	16.6262
December	15.8583	15.1332	15.5134