YEARLY HIGH
0.4991 SLL
YEARLY LOW
0.4171 SLL
YEARLY AVERAGE
0.4518 SLL

2023 IRR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.4991. Conversely, the yearly low was recorded on February 23, dropping to 0.4171.

This high-to-low spread represents a total annual volatility of 0.0819 SLL. From a start-to-finish perspective, comparing the January average rate of 0.4212 to the December average rate of 0.4966, the exchange rate registered a net change of 17.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4991 was up 16.82% compared to the 2022 peak of 0.4272, 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 2,495 SLL
2022 Average 1,624 SLL
Yearly Trough Low 2,086 SLL
Transaction Impact: A difference of 409.73 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5044
0.4100
JanuMarcMayJulySeptNove

IRR to SLL 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 0.4187, compared to 0.4849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0662 points.

H1 Avg (Jan–Jun) 0.4187
H2 Avg (Jul–Dec) 0.4849

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0786 SLL (High: 0.4963 / Low: 0.4177). On the other end, April was the most stable month, with a tight range of 0.0002 SLL (High: 0.4181 / Low: 0.4179).

July Spread (Volatile) ±0.0786
April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0028 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.4966) against the same month in 2022 (average: 0.4235), the exchange rate shifted by +0.0731 (+17.26%).

2023 Avg (December) 0.4966
2022 Avg (December) 0.4235

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4243 0.4186 0.4212
February 0.4243 0.4171 0.4184
March 0.4243 0.4179 0.4190
April 0.4181 0.4179 0.4180
May 0.4181 0.4174 0.4179
June 0.4181 0.4174 0.4179
July 0.4963 0.4177 0.4282
August 0.4963 0.4954 0.4960
September 0.4965 0.4960 0.4963
October 0.4965 0.4962 0.4963
November 0.4966 0.4960 0.4963
December 0.4991 0.4960 0.4966