2023 NAD to IRR Historical Review

YEARLY HIGH

2488.8492 IRR

YEARLY LOW

2091.5842 IRR

YEARLY AVERAGE

2285.1799 IRR

2023 NAD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2488.8492. Conversely, the yearly low was recorded on October 26, dropping to 2091.5842.

This high-to-low spread represents a total annual volatility of 397.2651 IRR. From a start-to-finish perspective, comparing the January average rate of 2455.4416 to the December average rate of 2260.5448, the exchange rate registered a net change of -7.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2488.8492 was down 14.61% compared to the 2022 peak of 2914.6593, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,444,246 IRR

2022 Average 13,014,700 IRR

Yearly Trough Low 10,457,921 IRR

Transaction Impact: A difference of 1,986,325.42 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2481.4780

2169.0416

JanuMarcMayJulySeptNove

NAD 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 2320.6948, compared to 2249.6650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 71.0298 points.

H1 Avg (Jan–Jun) 2320.6948

H2 Avg (Jul–Dec) 2249.6650

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 211.1638 IRR (High: 2322.8022 / Low: 2111.6384). On the other end, September was the most stable month, with a tight range of 53.6552 IRR (High: 2252.6667 / Low: 2199.0114).

November Spread (Volatile) ±211.1638

September Spread (Stable) ±53.6552

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 108.9473 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -108.9473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2455.4416) against the same month in 2022 (average: 2726.6169), the exchange rate shifted by -271.1752 (-9.95%).

2023 Avg (January) 2455.4416

2022 Avg (January) 2726.6169

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2488.8492	2421.8750	2455.4416
February	2476.5396	2296.4169	2362.5355
March	2364.3736	2271.5054	2306.9300
April	2384.3768	2282.6674	2325.1194
May	2313.9026	2145.0304	2216.1721
June	2325.4535	2145.0304	2257.9702
July	2402.1554	2242.7056	2316.4938
August	2314.6882	2133.1316	2243.9866
September	2252.6667	2199.0114	2226.9955
October	2250.9323	2091.5842	2195.0779
November	2322.8022	2111.6384	2254.8912
December	2312.6368	2213.8554	2260.5448