YEARLY HIGH
55500.1247 IRR
YEARLY LOW
49898.6545 IRR
YEARLY AVERAGE
52507.8828 IRR

2023 FKP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 55500.1247. Conversely, the yearly low was recorded on January 5, dropping to 49898.6545.

This high-to-low spread represents a total annual volatility of 5601.4702 IRR. From a start-to-finish perspective, comparing the January average rate of 51347.6509 to the December average rate of 53489.3547, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 55500.1247 was down 4.21% compared to the 2022 peak of 57939.8112, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 277,500,624 IRR
2022 Average 261,393,021 IRR
Yearly Trough Low 249,493,273 IRR
Transaction Impact: A difference of 28,007,350.98 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

54753.4833
50586.6691
JanuMarcMayJulySeptNove

FKP 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 52037.5187, compared to 52978.2468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 940.7281 points.

H1 Avg (Jan–Jun) 52037.5187
H2 Avg (Jul–Dec) 52978.2468

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2491.3606 IRR (High: 52390.0151 / Low: 49898.6545). On the other end, December was the most stable month, with a tight range of 927.2016 IRR (High: 53973.8550 / Low: 53046.6534).

January Spread (Volatile) ±2491.3606
December Spread (Stable) ±927.2016

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1359.7315 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1359.7315

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 54406.2488) against the same month in 2022 (average: 50859.7243), the exchange rate shifted by +3546.5244 (+6.97%).

2023 Avg (July) 54406.2488
2022 Avg (July) 50859.7243

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 52390.0151 49898.6545 51347.6509
February 52282.1166 50081.8579 50933.9036
March 52332.7396 49998.8764 51181.0009
April 53127.2791 51940.0579 52594.5262
May 53431.3614 52099.6273 52742.8105
June 54231.2223 52576.0395 53425.2204
July 55500.1247 53636.3544 54406.2488
August 54139.9033 53173.4921 53699.6073
September 53331.1454 51256.3028 52339.8758
October 52016.9459 51010.2413 51420.2554
November 53728.5483 51435.1911 52514.1391
December 53973.8550 53046.6534 53489.3547