2023 HTG to IRR Historical Review

YEARLY HIGH

320.5248 IRR

YEARLY LOW

267.9139 IRR

YEARLY AVERAGE

299.0531 IRR

2023 HTG to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 320.5248. Conversely, the yearly low was recorded on March 26, dropping to 267.9139.

This high-to-low spread represents a total annual volatility of 52.6108 IRR. From a start-to-finish perspective, comparing the January average rate of 282.5060 to the December average rate of 319.3747, the exchange rate registered a net change of 13.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 320.5248 was down 25.13% compared to the 2022 peak of 428.0817, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,602,624 IRR

2022 Average 1,819,897 IRR

Yearly Trough Low 1,339,570 IRR

Transaction Impact: A difference of 263,054.11 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

324.0570

267.8688

JanuMarcMayJulySeptNove

HTG 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 284.2024, compared to 313.9038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.7014 points.

H1 Avg (Jan–Jun) 284.2024

H2 Avg (Jul–Dec) 313.9038

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 29.2847 IRR (High: 302.2665 / Low: 272.9819). On the other end, November was the most stable month, with a tight range of 2.5986 IRR (High: 320.5248 / Low: 317.9262).

May Spread (Volatile) ±29.2847

November Spread (Stable) ±2.5986

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 6.5458 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -6.5458

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 318.9090) against the same month in 2022 (average: 313.6788), the exchange rate shifted by +5.2302 (+1.67%).

2023 Avg (November) 318.9090

2022 Avg (November) 313.6788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	283.9227	279.9329	282.5060
February	283.7621	278.8041	281.1146
March	280.2180	267.9139	274.5688
April	278.0158	270.7655	272.5512
May	302.2665	272.9819	290.9400
June	307.1341	299.9279	303.5339
July	310.3352	302.3272	306.7853
August	312.0821	308.7099	310.6260
September	314.1196	309.8654	312.3407
October	318.5126	311.0373	315.3872
November	320.5248	317.9262	318.9090
December	320.3509	316.9836	319.3747