2023 IRR to STD Historical Review

YEARLY HIGH

0.5482 STD

YEARLY LOW

0.5261 STD

YEARLY AVERAGE

0.5351 STD

2023 IRR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.5482. Conversely, the yearly low was recorded on July 30, dropping to 0.5261.

This high-to-low spread represents a total annual volatility of 0.0221 STD. From a start-to-finish perspective, comparing the January average rate of 0.5443 to the December average rate of 0.5276, the exchange rate registered a net change of -3.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5482 was down 1.87% compared to the 2022 peak of 0.5586, 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 2,741 STD

2022 Average 2,623 STD

Yearly Trough Low 2,631 STD

Transaction Impact: A difference of 110.35 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5460

0.5253

JanuMarcMayJulySeptNove

IRR to STD 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 0.5410, compared to 0.5292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 0.5410

H2 Avg (Jul–Dec) 0.5292

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0172 STD (High: 0.5433 / Low: 0.5261). On the other end, October was the most stable month, with a tight range of 0.0003 STD (High: 0.5275 / Low: 0.5272).

July Spread (Volatile) ±0.0172

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.0116 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5443) against the same month in 2022 (average: 0.5005), the exchange rate shifted by +0.0438 (+8.76%).

2023 Avg (January) 0.5443

2022 Avg (January) 0.5005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5482	0.5408	0.5443
February	0.5482	0.5389	0.5406
March	0.5482	0.5399	0.5413
April	0.5402	0.5399	0.5401
May	0.5402	0.5393	0.5399
June	0.5402	0.5393	0.5399
July	0.5433	0.5261	0.5386
August	0.5274	0.5264	0.5270
September	0.5275	0.5271	0.5274
October	0.5275	0.5272	0.5274
November	0.5277	0.5271	0.5273
December	0.5303	0.5271	0.5276