YEARLY HIGH
6268.1025 IRR
YEARLY LOW
5755.8219 IRR
YEARLY AVERAGE
5972.8782 IRR

2023 CNY to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 6268.1025. Conversely, the yearly low was recorded on September 9, dropping to 5755.8219.

This high-to-low spread represents a total annual volatility of 512.2806 IRR. From a start-to-finish perspective, comparing the January average rate of 6174.9658 to the December average rate of 5932.6195, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6268.1025 was down 6.44% compared to the 2022 peak of 6699.4318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 156,702,562 IRR
2022 Average 157,323,620 IRR
Yearly Trough Low 143,895,547 IRR
Transaction Impact: A difference of 12,807,015.42 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6213.0873
5755.6297
JanuMarcMayJulySeptNove

CNY 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 6092.6891, compared to 5853.0674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 239.6217 points.

H1 Avg (Jan–Jun) 6092.6891
H2 Avg (Jul–Dec) 5853.0674

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 205.7226 IRR (High: 6268.1025 / Low: 6062.3799). On the other end, April was the most stable month, with a tight range of 56.7285 IRR (High: 6154.6413 / Low: 6097.9128).

February Spread (Volatile) ±205.7226
April Spread (Stable) ±56.7285

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 140.0920 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -140.0920

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 6169.3653) against the same month in 2022 (average: 6662.8166), the exchange rate shifted by -493.4514 (-7.41%).

2023 Avg (February) 6169.3653
2022 Avg (February) 6662.8166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6252.9635 6059.2038 6174.9658
February 6268.1025 6062.3799 6169.3653
March 6175.4094 6050.8379 6117.1072
April 6154.6413 6097.9128 6136.2390
May 6119.0583 5947.8613 6049.2747
June 5970.5285 5824.6136 5909.1827
July 5954.1384 5824.6136 5878.2872
August 5925.2076 5795.5309 5840.1833
September 5835.7727 5755.8219 5793.7512
October 5895.4204 5773.0684 5808.0939
November 5974.5116 5770.8866 5865.4692
December 5976.0322 5885.4006 5932.6195