2023 SDG to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SDG to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SDG to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 77.4267. Conversely, the yearly low was recorded on July 23, dropping to 69.8406.
This high-to-low spread represents a total annual volatility of 7.5862 IRR. From a start-to-finish perspective, comparing the January average rate of 72.7001 to the December average rate of 70.2666, the exchange rate registered a net change of -3.35% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 77.4267 was down 19.96% compared to the 2022 peak of 96.7391, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SDG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SDG 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 71.2914, compared to 70.3416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9498 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 7.1272 IRR (High: 77.4267 / Low: 70.2995). On the other end, September was the most stable month, with a tight range of 0.1627 IRR (High: 70.3830 / Low: 70.2203).
Growth Streaks & Declines
TrendsBetween September and November, 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 March and April, when the average rate fell by 0.8229 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 70.6118) against the same month in 2022 (average: 74.4562), the exchange rate shifted by -3.8444 (-5.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.2283 | 71.5361 | 72.7001 |
| February | 72.3459 | 71.1085 | 72.0965 |
| March | 73.1930 | 70.9908 | 71.5094 |
| April | 73.8428 | 70.3580 | 70.6865 |
| May | 70.6349 | 70.2995 | 70.4414 |
| June | 70.4829 | 70.2411 | 70.3145 |
| July | 70.4205 | 69.8406 | 70.2813 |
| August | 70.4243 | 70.2411 | 70.3089 |
| September | 70.3830 | 70.2203 | 70.2722 |
| October | 70.4167 | 70.2203 | 70.3090 |
| November | 77.4267 | 70.2995 | 70.6118 |
| December | 70.3411 | 69.9126 | 70.2666 |