YEARLY HIGH
0.0045 LRD
YEARLY LOW
0.0036 LRD
YEARLY AVERAGE
0.0041 LRD

2023 IRR to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0045. Conversely, the yearly low was recorded on February 26, dropping to 0.0036.

This high-to-low spread represents a total annual volatility of 0.0009 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0037 to the December average rate of 0.0045, the exchange rate registered a net change of 20.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0045 was up 20.29% compared to the 2022 peak of 0.0037, 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 22 LRD
2022 Average 18 LRD
Yearly Trough Low 18 LRD
Transaction Impact: A difference of 4.26 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0045
0.0036
JanuMarcMayJulySeptNove

IRR to LRD 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 0.0039, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0039
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0003 LRD (High: 0.0043 / Low: 0.0040). On the other end, November was the most stable month, with a tight range of 0.0000 LRD (High: 0.0045 / Low: 0.0044).

June Spread (Volatile) ±0.0003
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0045) against the same month in 2022 (average: 0.0037), the exchange rate shifted by +0.0008 (+20.58%).

2023 Avg (December) 0.0045
2022 Avg (December) 0.0037

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0037 0.0037 0.0037
February 0.0038 0.0036 0.0037
March 0.0038 0.0037 0.0038
April 0.0039 0.0038 0.0039
May 0.0040 0.0039 0.0040
June 0.0043 0.0040 0.0041
July 0.0044 0.0043 0.0043
August 0.0044 0.0044 0.0044
September 0.0044 0.0044 0.0044
October 0.0044 0.0044 0.0044
November 0.0045 0.0044 0.0044
December 0.0045 0.0044 0.0045