2023 JPY to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 JPY to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the JPY to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 328.1708. Conversely, the yearly low was recorded on November 13, dropping to 278.7673.
This high-to-low spread represents a total annual volatility of 49.4035 IRR. From a start-to-finish perspective, comparing the January average rate of 322.1815 to the December average rate of 293.9929, the exchange rate registered a net change of -8.75% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 328.1708 was down 11.74% compared to the 2022 peak of 371.8281, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 JPY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
JPY to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 313.0980, compared to 289.2971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.8009 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 18.2503 IRR (High: 328.1708 / Low: 309.9205). On the other end, October was the most stable month, with a tight range of 5.6225 IRR (High: 284.7440 / Low: 279.1215).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 8.9215 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 317.0417) against the same month in 2022 (average: 366.6970), the exchange rate shifted by -49.6553 (-13.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 327.2216 | 314.2762 | 322.1815 |
| February | 328.1708 | 309.9205 | 317.0417 |
| March | 322.5825 | 307.7028 | 315.6758 |
| April | 322.6730 | 309.7360 | 316.4282 |
| May | 315.2604 | 300.2430 | 308.0911 |
| June | 304.8762 | 291.9618 | 299.1696 |
| July | 306.1941 | 292.3364 | 299.3094 |
| August | 298.4904 | 288.3014 | 292.0156 |
| September | 288.9796 | 282.5343 | 285.8677 |
| October | 284.7440 | 279.1215 | 282.5062 |
| November | 287.3749 | 278.7673 | 282.0909 |
| December | 298.5567 | 286.9002 | 293.9929 |