YEARLY HIGH
27.9756 IRR
YEARLY LOW
2.7413 IRR
YEARLY AVERAGE
5.2487 IRR

2023 LBP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 27.9756. Conversely, the yearly low was recorded on February 6, dropping to 2.7413.

This high-to-low spread represents a total annual volatility of 25.2343 IRR. From a start-to-finish perspective, comparing the January average rate of 27.6641 to the December average rate of 2.8059, the exchange rate registered a net change of -89.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 27.9756 was down 3.61% compared to the 2022 peak of 29.0219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 139,878 IRR
2022 Average 139,442 IRR
Yearly Trough Low 13,706 IRR
Transaction Impact: A difference of 126,171.67 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.1509
0.3087
JanuMarcMayJulySeptNove

LBP 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 7.6886, compared to 2.8089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.8797 points.

H1 Avg (Jan–Jun) 7.6886
H2 Avg (Jul–Dec) 2.8089

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 25.2343 IRR (High: 27.9756 / Low: 2.7413). On the other end, October was the most stable month, with a tight range of 0.0223 IRR (High: 2.8236 / Low: 2.8012).

February Spread (Volatile) ±25.2343
October Spread (Stable) ±0.0223

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 20.3909 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -20.3909

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 7.2732) against the same month in 2022 (average: 27.9091), the exchange rate shifted by -20.6359 (-73.94%).

2023 Avg (February) 7.2732
2022 Avg (February) 27.9091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.9140 27.4477 27.6641
February 27.9756 2.7413 7.2732
March 2.8548 2.7714 2.7970
April 2.8386 2.7691 2.7994
May 2.8236 2.7677 2.8022
June 2.8212 2.7682 2.7956
July 2.8330 2.7694 2.8041
August 2.8206 2.7723 2.8076
September 2.8183 2.7832 2.8069
October 2.8236 2.8012 2.8129
November 2.8336 2.8091 2.8161
December 2.8132 2.7853 2.8059