YEARLY HIGH
275.2382 IRR
YEARLY LOW
222.9341 IRR
YEARLY AVERAGE
243.1372 IRR

2023 LRD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 275.2382. Conversely, the yearly low was recorded on December 30, dropping to 222.9341.

This high-to-low spread represents a total annual volatility of 52.3041 IRR. From a start-to-finish perspective, comparing the January average rate of 269.9024 to the December average rate of 224.3552, the exchange rate registered a net change of -16.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 275.2382 was down 5.51% compared to the 2022 peak of 291.3006, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,376,191 IRR
2022 Average 1,382,674 IRR
Yearly Trough Low 1,114,670 IRR
Transaction Impact: A difference of 261,520.72 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

274.4571
219.8005
JanuMarcMayJulySeptNove

LRD 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 259.7640, compared to 226.5104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 33.2536 points.

H1 Avg (Jan–Jun) 259.7640
H2 Avg (Jul–Dec) 226.5104

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 15.5190 IRR (High: 250.1109 / Low: 234.5919). On the other end, November was the most stable month, with a tight range of 0.5688 IRR (High: 225.2200 / Low: 224.6512).

June Spread (Volatile) ±15.5190
November Spread (Stable) ±0.5688

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 12.2192 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -12.2192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 269.8543) against the same month in 2022 (average: 274.9656), the exchange rate shifted by -5.1113 (-1.86%).

2023 Avg (February) 269.8543
2022 Avg (February) 274.9656

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 271.1975 267.6687 269.9024
February 275.2382 266.0377 269.8543
March 270.7447 260.4006 264.4211
April 260.4744 255.6733 259.0703
May 255.4799 250.1109 253.1548
June 250.1109 234.5919 242.1810
July 234.5919 226.7697 229.9618
August 227.2850 226.3365 226.9310
September 227.2849 226.2925 226.7403
October 226.4808 225.2667 226.0775
November 225.2200 224.6512 224.9967
December 225.4066 222.9341 224.3552