YEARLY HIGH
240.6616 IRR
YEARLY LOW
234.1251 IRR
YEARLY AVERAGE
237.4091 IRR

2023 DJF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 240.6616. Conversely, the yearly low was recorded on March 26, dropping to 234.1251.

This high-to-low spread represents a total annual volatility of 6.5365 IRR. From a start-to-finish perspective, comparing the January average rate of 235.9258 to the December average rate of 237.1218, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 240.6616 was down 0.14% compared to the 2022 peak of 241.0086, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,203,308 IRR
2022 Average 1,187,206 IRR
Yearly Trough Low 1,170,626 IRR
Transaction Impact: A difference of 32,682.27 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

238.1010
235.7280
JanuMarcMayJulySeptNove

DJF 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 237.2642, compared to 237.5540 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2899 points.

H1 Avg (Jan–Jun) 237.2642
H2 Avg (Jul–Dec) 237.5540

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 6.5365 IRR (High: 240.6616 / Low: 234.1251). On the other end, May was the most stable month, with a tight range of 1.0011 IRR (High: 238.0988 / Low: 237.0977).

March Spread (Volatile) ±6.5365
May Spread (Stable) ±1.0011

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.7553 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7553

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 237.3369) against the same month in 2022 (average: 237.3951), the exchange rate shifted by -0.0582 (-0.02%).

2023 Avg (March) 237.3369
2022 Avg (March) 237.3951

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 237.3956 234.1251 235.9258
February 239.4330 234.1251 237.2060
March 240.6616 234.1251 237.3369
April 240.4579 237.1432 237.9033
May 238.0988 237.0977 237.6791
June 238.9138 236.6284 237.5341
July 239.3364 236.0879 237.7728
August 239.4205 236.3827 237.6516
September 238.1486 236.0475 237.3532
October 238.3504 236.6938 237.5478
November 239.1974 236.6947 237.8771
December 238.0986 235.1714 237.1218