YEARLY HIGH
1.9007 IRR
YEARLY LOW
1.8241 IRR
YEARLY AVERAGE
1.8690 IRR

2023 STD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 1.9007. Conversely, the yearly low was recorded on March 26, dropping to 1.8241.

This high-to-low spread represents a total annual volatility of 0.0765 IRR. From a start-to-finish perspective, comparing the January average rate of 1.8373 to the December average rate of 1.8953, the exchange rate registered a net change of 3.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.9007 was down 5.10% compared to the 2022 peak of 2.0027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,503 IRR
2022 Average 9,541 IRR
Yearly Trough Low 9,121 IRR
Transaction Impact: A difference of 382.61 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9035
1.8313
JanuMarcMayJulySeptNove

STD 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 1.8484, compared to 1.8897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0414 points.

H1 Avg (Jan–Jun) 1.8484
H2 Avg (Jul–Dec) 1.8897

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0601 IRR (High: 1.9007 / Low: 1.8406). On the other end, April was the most stable month, with a tight range of 0.0011 IRR (High: 1.8522 / Low: 1.8511).

July Spread (Volatile) ±0.0601
April Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between March and August, 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 February and March, when the average rate fell by 0.0024 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.8567) against the same month in 2022 (average: 1.9018), the exchange rate shifted by -0.0451 (-2.37%).

2023 Avg (July) 1.8567
2022 Avg (July) 1.9018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8492 1.8241 1.8373
February 1.8555 1.8241 1.8498
March 1.8522 1.8241 1.8473
April 1.8522 1.8511 1.8515
May 1.8544 1.8511 1.8521
June 1.8544 1.8511 1.8522
July 1.9007 1.8406 1.8567
August 1.8995 1.8962 1.8975
September 1.8973 1.8956 1.8963
October 1.8967 1.8956 1.8962
November 1.8973 1.8950 1.8964
December 1.8973 1.8857 1.8953