YEARLY HIGH
2.3974 IRR
YEARLY LOW
2.0037 IRR
YEARLY AVERAGE
2.2289 IRR

2023 SLL to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 2.3974. Conversely, the yearly low was recorded on December 30, dropping to 2.0037.

This high-to-low spread represents a total annual volatility of 0.3937 IRR. From a start-to-finish perspective, comparing the January average rate of 2.3739 to the December average rate of 2.0139, the exchange rate registered a net change of -15.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3974 was down 36.03% compared to the 2022 peak of 3.7478, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,987 IRR
2022 Average 15,749 IRR
Yearly Trough Low 10,019 IRR
Transaction Impact: A difference of 1,968.26 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4310
1.9760
JanuMarcMayJulySeptNove

SLL 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 2.3882, compared to 2.0696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3185 points.

H1 Avg (Jan–Jun) 2.3882
H2 Avg (Jul–Dec) 2.0696

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.3790 IRR (High: 2.3939 / Low: 2.0148). On the other end, October was the most stable month, with a tight range of 0.0012 IRR (High: 2.0154 / Low: 2.0142).

July Spread (Volatile) ±0.3790
October Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3265 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.3900) against the same month in 2022 (average: 3.6892), the exchange rate shifted by -1.2992 (-35.22%).

2023 Avg (February) 2.3900
2022 Avg (February) 3.6892

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3892 2.3569 2.3739
February 2.3974 2.3569 2.3900
March 2.3932 2.3569 2.3868
April 2.3932 2.3917 2.3922
May 2.3960 2.3917 2.3930
June 2.3960 2.3917 2.3931
July 2.3939 2.0148 2.3427
August 2.0184 2.0148 2.0162
September 2.0160 2.0142 2.0149
October 2.0154 2.0142 2.0148
November 2.0160 2.0136 2.0151
December 2.0160 2.0037 2.0139