2023 GMD to IRR Historical Review

YEARLY HIGH

712.4789 IRR

YEARLY LOW

623.8219 IRR

YEARLY AVERAGE

679.0122 IRR

2023 GMD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 712.4789. Conversely, the yearly low was recorded on December 27, dropping to 623.8219.

This high-to-low spread represents a total annual volatility of 88.6570 IRR. From a start-to-finish perspective, comparing the January average rate of 676.1167 to the December average rate of 627.0047, the exchange rate registered a net change of -7.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 712.4789 was down 11.35% compared to the 2022 peak of 803.7072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,562,395 IRR

2022 Average 3,825,882 IRR

Yearly Trough Low 3,119,109 IRR

Transaction Impact: A difference of 443,285.14 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

719.0953

618.6328

JanuMarcMayJulySeptNove

GMD 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 692.5368, compared to 665.4875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.0493 points.

H1 Avg (Jan–Jun) 692.5368

H2 Avg (Jul–Dec) 665.4875

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 49.8379 IRR (High: 699.3383 / Low: 649.5004). On the other end, June was the most stable month, with a tight range of 4.0618 IRR (High: 712.4789 / Low: 708.4172).

September Spread (Volatile) ±49.8379

June Spread (Stable) ±4.0618

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 40.1492 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -40.1492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 710.7235) against the same month in 2022 (average: 782.6428), the exchange rate shifted by -71.9194 (-9.19%).

2023 Avg (June) 710.7235

2022 Avg (June) 782.6428

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	682.9960	669.6261	676.1167
February	693.4426	680.8504	690.9872
March	692.8056	679.5882	686.8546
April	704.7540	678.1701	683.3512
May	710.7473	702.2425	707.1878
June	712.4789	708.4172	710.7235
July	709.8237	703.7714	708.2806
August	700.8282	694.5992	697.8682
September	699.3383	649.5004	684.0751
October	656.1165	640.3409	643.9258
November	649.3467	627.5529	631.7706
December	630.8777	623.8219	627.0047