YEARLY HIGH
1326.1507 IRR
YEARLY LOW
1093.1187 IRR
YEARLY AVERAGE
1158.1393 IRR

2023 SRD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1326.1507. Conversely, the yearly low was recorded on July 23, dropping to 1093.1187.

This high-to-low spread represents a total annual volatility of 233.0319 IRR. From a start-to-finish perspective, comparing the January average rate of 1318.1225 to the December average rate of 1130.3288, the exchange rate registered a net change of -14.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1326.1507 was down 36.27% compared to the 2022 peak of 2080.9733, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,630,753 IRR
2022 Average 8,935,855 IRR
Yearly Trough Low 5,465,594 IRR
Transaction Impact: A difference of 1,165,159.65 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1339.6136
1081.7201
JanuMarcMayJulySeptNove

SRD 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 1204.5755, compared to 1111.7032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 92.8722 points.

H1 Avg (Jan–Jun) 1204.5755
H2 Avg (Jul–Dec) 1111.7032

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 89.9784 IRR (High: 1261.1121 / Low: 1171.1337). On the other end, August was the most stable month, with a tight range of 10.7398 IRR (High: 1107.9988 / Low: 1097.2590).

March Spread (Volatile) ±89.9784
August Spread (Stable) ±10.7398

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 70.2087 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -70.2087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1318.1225) against the same month in 2022 (average: 1997.6566), the exchange rate shifted by -679.5341 (-34.02%).

2023 Avg (January) 1318.1225
2022 Avg (January) 1997.6566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1326.1507 1284.2667 1318.1225
February 1318.7500 1247.5167 1287.2345
March 1261.1121 1171.1337 1219.4587
April 1181.7025 1129.4225 1149.2500
May 1138.4611 1116.1716 1132.0256
June 1133.9737 1103.0515 1121.3615
July 1142.5000 1093.1187 1112.0209
August 1107.9988 1097.2590 1104.6955
September 1110.1914 1094.6588 1103.2112
October 1112.1711 1101.0101 1107.4989
November 1118.3862 1107.2229 1112.4640
December 1145.8546 1115.9359 1130.3288