YEARLY HIGH
96.2874 IRR
YEARLY LOW
89.5203 IRR
YEARLY AVERAGE
92.7030 IRR

2023 KMF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 96.2874. Conversely, the yearly low was recorded on January 5, dropping to 89.5203.

This high-to-low spread represents a total annual volatility of 6.7671 IRR. From a start-to-finish perspective, comparing the January average rate of 91.7631 to the December average rate of 93.6173, the exchange rate registered a net change of 2.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 96.2874 was down 2.26% compared to the 2022 peak of 98.5149, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 481,437 IRR
2022 Average 453,081 IRR
Yearly Trough Low 447,602 IRR
Transaction Impact: A difference of 33,835.29 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

95.2447
90.1985
JanuMarcMayJulySeptNove

KMF to IRR 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 92.5711, compared to 92.8349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2638 points.

H1 Avg (Jan–Jun) 92.5711
H2 Avg (Jul–Dec) 92.8349

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 4.0028 IRR (High: 93.5232 / Low: 89.5203). On the other end, October was the most stable month, with a tight range of 1.3930 IRR (High: 91.0978 / Low: 89.7048).

January Spread (Volatile) ±4.0028
October Spread (Stable) ±1.3930

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 1.9816 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9816

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 94.8242) against the same month in 2022 (average: 89.5944), the exchange rate shifted by +5.2297 (+5.84%).

2023 Avg (July) 94.8242
2022 Avg (July) 89.5944

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 93.5232 89.5203 91.7631
February 93.5291 90.3908 91.7592
March 93.5097 90.4084 91.5379
April 94.8374 93.0757 94.1387
May 94.8614 91.6875 93.2758
June 94.0647 91.6875 92.9519
July 96.2874 93.2187 94.8242
August 94.3843 92.7522 93.6558
September 92.9121 89.9915 91.6742
October 91.0978 89.7048 90.6190
November 94.3676 90.3692 92.6187
December 94.7582 92.3338 93.6173