YEARLY HIGH
10805.1967 IRR
YEARLY LOW
9341.6592 IRR
YEARLY AVERAGE
10067.3618 IRR

2023 PLN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 10805.1967. Conversely, the yearly low was recorded on February 19, dropping to 9341.6592.

This high-to-low spread represents a total annual volatility of 1463.5375 IRR. From a start-to-finish perspective, comparing the January average rate of 9675.7657 to the December average rate of 10648.0771, the exchange rate registered a net change of 10.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10805.1967 was up 0.66% compared to the 2022 peak of 10734.2998, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 216,103,933 IRR
2022 Average 190,313,582 IRR
Yearly Trough Low 186,833,183 IRR
Transaction Impact: A difference of 29,270,750.12 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10760.4364
9412.1250
JanuMarcMayJulySeptNove

PLN 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 9867.8439, compared to 10266.8797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 399.0357 points.

H1 Avg (Jan–Jun) 9867.8439
H2 Avg (Jul–Dec) 10266.8797

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 762.6458 IRR (High: 10764.9104 / Low: 10002.2646). On the other end, May was the most stable month, with a tight range of 284.3937 IRR (High: 10275.6000 / Low: 9991.2063).

November Spread (Volatile) ±762.6458
May Spread (Stable) ±284.3937

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 537.9227 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -537.9227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 10648.0771) against the same month in 2022 (average: 9442.3060), the exchange rate shifted by +1205.7711 (+12.77%).

2023 Avg (December) 10648.0771
2022 Avg (December) 9442.3060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10114.5005 9415.2014 9675.7657
February 9882.8205 9341.6592 9524.4843
March 9853.6046 9507.1250 9622.9343
April 10192.9856 9767.8385 9988.2684
May 10275.6000 9991.2063 10116.6027
June 10471.8245 10071.2799 10279.0082
July 10674.5562 10264.2138 10511.6757
August 10519.1075 10197.1530 10345.8157
September 10193.6529 9576.9760 9807.8931
October 10108.3205 9550.8894 9898.3230
November 10764.9104 10002.2646 10389.4935
December 10805.1967 10492.1094 10648.0771