2023 IRR to CDF Historical Review

YEARLY HIGH

0.0661 CDF

YEARLY LOW

0.0483 CDF

YEARLY AVERAGE

0.0553 CDF

2023 IRR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0661. Conversely, the yearly low was recorded on May 4, dropping to 0.0483.

This high-to-low spread represents a total annual volatility of 0.0178 CDF. From a start-to-finish perspective, comparing the January average rate of 0.0489 to the December average rate of 0.0645, the exchange rate registered a net change of 31.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0661 was up 32.56% compared to the 2022 peak of 0.0498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 330 CDF

2022 Average 239 CDF

Yearly Trough Low 241 CDF

Transaction Impact: A difference of 88.95 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0660

0.0473

JanuMarcMayJulySeptNove

IRR to CDF 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 0.0506, compared to 0.0600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.0506

H2 Avg (Jul–Dec) 0.0600

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0069 CDF (High: 0.0552 / Low: 0.0483). On the other end, September was the most stable month, with a tight range of 0.0011 CDF (High: 0.0592 / Low: 0.0582).

May Spread (Volatile) ±0.0069

September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0000 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0645) against the same month in 2022 (average: 0.0490), the exchange rate shifted by +0.0154 (+31.47%).

2023 Avg (December) 0.0645

2022 Avg (December) 0.0490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0495	0.0484	0.0489
February	0.0500	0.0483	0.0489
March	0.0501	0.0484	0.0490
April	0.0517	0.0484	0.0493
May	0.0552	0.0483	0.0518
June	0.0570	0.0549	0.0558
July	0.0603	0.0570	0.0584
August	0.0589	0.0577	0.0586
September	0.0592	0.0582	0.0588
October	0.0615	0.0585	0.0596
November	0.0644	0.0583	0.0602
December	0.0661	0.0631	0.0645