2023 MXN to IRR Historical Review

YEARLY HIGH

2538.4027 IRR

YEARLY LOW

2146.4548 IRR

YEARLY AVERAGE

2383.8583 IRR

2023 MXN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 2538.4027. Conversely, the yearly low was recorded on January 1, dropping to 2146.4548.

This high-to-low spread represents a total annual volatility of 391.9479 IRR. From a start-to-finish perspective, comparing the January average rate of 2211.6143 to the December average rate of 2460.2370, the exchange rate registered a net change of 11.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2538.4027 was up 14.54% compared to the 2022 peak of 2216.1801, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 126,920,135 IRR

2022 Average 105,147,059 IRR

Yearly Trough Low 107,322,740 IRR

Transaction Impact: A difference of 19,597,395.81 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2525.4189

2183.0866

JanuMarcMayJulySeptNove

MXN 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 2324.7823, compared to 2442.9344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 118.1520 points.

H1 Avg (Jan–Jun) 2324.7823

H2 Avg (Jul–Dec) 2442.9344

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 129.8519 IRR (High: 2354.2876 / Low: 2224.4357). On the other end, April was the most stable month, with a tight range of 43.9209 IRR (High: 2351.1966 / Low: 2307.2757).

March Spread (Volatile) ±129.8519

April Spread (Stable) ±43.9209

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 106.8716 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -106.8716

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2496.8912) against the same month in 2022 (average: 2065.5621), the exchange rate shifted by +431.3291 (+20.88%).

2023 Avg (July) 2496.8912

2022 Avg (July) 2065.5621

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2248.2386	2146.4548	2211.6143
February	2310.9125	2202.5340	2270.5888
March	2354.2876	2224.4357	2291.4078
April	2351.1966	2307.2757	2338.9270
May	2421.4059	2350.2619	2384.6288
June	2476.6678	2408.1570	2451.5271
July	2538.4027	2452.2177	2496.8912
August	2524.7727	2440.6402	2489.1599
September	2476.4124	2387.7834	2442.9926
October	2425.9665	2303.2126	2336.1211
November	2470.2288	2375.1604	2432.2044
December	2490.4271	2418.3870	2460.2370