2023 SBD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SBD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SBD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 5156.1638. Conversely, the yearly low was recorded on October 25, dropping to 4972.6493.
This high-to-low spread represents a total annual volatility of 183.5145 IRR. From a start-to-finish perspective, comparing the January average rate of 5074.2298 to the December average rate of 4993.2533, the exchange rate registered a net change of -1.60% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 5156.1638 was down 2.60% compared to the 2022 peak of 5293.6957, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SBD to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5094.9492, compared to 5024.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 70.9381 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 121.3659 IRR (High: 5137.9173 / Low: 5016.5513). On the other end, August was the most stable month, with a tight range of 13.3043 IRR (High: 5060.7566 / Low: 5047.4523).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 27.3551 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 5123.4633) against the same month in 2022 (average: 5254.7237), the exchange rate shifted by -131.2604 (-2.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5137.9173 | 5016.5513 | 5074.2298 |
| February | 5148.5084 | 5036.9399 | 5127.6703 |
| March | 5156.1638 | 5058.5732 | 5123.4633 |
| April | 5135.2855 | 5068.9826 | 5096.1082 |
| May | 5093.7865 | 5065.4225 | 5076.7242 |
| June | 5081.1035 | 5056.9720 | 5071.4996 |
| July | 5073.1765 | 4976.3854 | 5049.8179 |
| August | 5060.7566 | 5047.4523 | 5052.0943 |
| September | 5051.0662 | 4998.4385 | 5030.2169 |
| October | 5038.1372 | 4972.6493 | 5009.9914 |
| November | 5048.1583 | 4974.7354 | 5008.6927 |
| December | 5021.4691 | 4979.6362 | 4993.2533 |