YEARLY HIGH
2442.2479 IRR
YEARLY LOW
2176.3995 IRR
YEARLY AVERAGE
2334.0242 IRR

2023 MDL to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 2442.2479. Conversely, the yearly low was recorded on January 8, dropping to 2176.3995.

This high-to-low spread represents a total annual volatility of 265.8484 IRR. From a start-to-finish perspective, comparing the January average rate of 2208.3878 to the December average rate of 2398.8185, the exchange rate registered a net change of 8.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2442.2479 was up 2.56% compared to the 2022 peak of 2381.3381, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,211,240 IRR
2022 Average 11,209,194 IRR
Yearly Trough Low 10,881,998 IRR
Transaction Impact: A difference of 1,329,241.84 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2417.8616
2189.3447
JanuMarcMayJulySeptNove

MDL 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 2301.3013, compared to 2366.7472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 65.4459 points.

H1 Avg (Jan–Jun) 2301.3013
H2 Avg (Jul–Dec) 2366.7472

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 137.6987 IRR (High: 2442.2479 / Low: 2304.5492). On the other end, February was the most stable month, with a tight range of 33.0518 IRR (High: 2259.6704 / Low: 2226.6186).

July Spread (Volatile) ±137.6987
February Spread (Stable) ±33.0518

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 40.8174 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -40.8174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2361.3126) against the same month in 2022 (average: 2200.7809), the exchange rate shifted by +160.5317 (+7.29%).

2023 Avg (July) 2361.3126
2022 Avg (July) 2200.7809

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2254.9466 2176.3995 2208.3878
February 2259.6704 2226.6186 2249.1291
March 2309.8948 2237.7607 2266.1769
April 2365.9816 2308.5288 2342.8594
May 2394.8661 2357.6676 2379.2646
June 2383.8047 2308.7410 2361.9898
July 2442.2479 2304.5492 2361.3126
August 2418.4379 2370.8469 2391.6172
September 2377.3228 2309.4065 2350.7998
October 2347.1869 2311.6619 2330.2535
November 2391.1270 2330.3868 2367.6814
December 2432.0589 2357.0109 2398.8185