2023 PEN to IRR Historical Review

YEARLY HIGH

11864.8931 IRR

YEARLY LOW

10781.9155 IRR

YEARLY AVERAGE

11292.5509 IRR

2023 PEN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 11864.8931. Conversely, the yearly low was recorded on January 22, dropping to 10781.9155.

This high-to-low spread represents a total annual volatility of 1082.9776 IRR. From a start-to-finish perspective, comparing the January average rate of 10969.2432 to the December average rate of 11303.6358, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11864.8931 was up 1.87% compared to the 2022 peak of 11647.3154, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,324,465 IRR

2022 Average 55,158,197 IRR

Yearly Trough Low 53,909,577 IRR

Transaction Impact: A difference of 5,414,888.07 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11817.1014

10892.1652

JanuMarcMayJulySeptNove

PEN 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 11242.1168, compared to 11342.9849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 100.8681 points.

H1 Avg (Jan–Jun) 11242.1168

H2 Avg (Jul–Dec) 11342.9849

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 400.8574 IRR (High: 11733.1185 / Low: 11332.2611). On the other end, May was the most stable month, with a tight range of 193.4236 IRR (High: 11581.1933 / Low: 11387.7698).

August Spread (Volatile) ±400.8574

May Spread (Stable) ±193.4236

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 340.7777 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -340.7777

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 11740.0234) against the same month in 2022 (average: 10871.0009), the exchange rate shifted by +869.0225 (+7.99%).

2023 Avg (July) 11740.0234

2022 Avg (July) 10871.0009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11109.4446	10781.9155	10969.2432
February	11132.0411	10825.7403	11001.6159
March	11307.1886	11006.9419	11162.8890
April	11477.8562	11161.8760	11248.1647
May	11581.1933	11387.7698	11475.5486
June	11720.3701	11435.9034	11595.2394
July	11864.8931	11605.1856	11740.0234
August	11733.1185	11332.2611	11453.4193
September	11439.3428	11121.1311	11347.0586
October	11135.6227	10894.8951	11006.2809
November	11340.5450	10980.9492	11207.4916
December	11453.2520	11160.5050	11303.6358