2023 SYP to IRR Historical Review

YEARLY HIGH

16.8555 IRR

YEARLY LOW

16.5705 IRR

YEARLY AVERAGE

16.8036 IRR

2023 SYP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 16.8555. Conversely, the yearly low was recorded on March 26, dropping to 16.5705.

This high-to-low spread represents a total annual volatility of 0.2850 IRR. From a start-to-finish perspective, comparing the January average rate of 16.6905 to the December average rate of 16.8079, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.8555 was down 0.24% compared to the 2022 peak of 16.8953, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 84,278 IRR

2022 Average 84,119 IRR

Yearly Trough Low 82,853 IRR

Transaction Impact: A difference of 1,424.86 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.8411

16.6768

JanuMarcMayJulySeptNove

SYP 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 16.7906, compared to 16.8165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0259 points.

H1 Avg (Jan–Jun) 16.7906

H2 Avg (Jul–Dec) 16.8165

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2850 IRR (High: 16.8555 / Low: 16.5705). On the other end, October was the most stable month, with a tight range of 0.0100 IRR (High: 16.8207 / Low: 16.8107).

February Spread (Volatile) ±0.2850

October Spread (Stable) ±0.0100

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 February and March, when the average rate fell by 0.0221 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 16.8033) against the same month in 2022 (average: 16.8225), the exchange rate shifted by -0.0193 (-0.11%).

2023 Avg (February) 16.8033

2022 Avg (February) 16.8225

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.7978	16.5705	16.6905
February	16.8555	16.5705	16.8033
March	16.8257	16.5705	16.7812
April	16.8257	16.8157	16.8190
May	16.8456	16.8157	16.8243
June	16.8456	16.8157	16.8254
July	16.8555	16.7198	16.8134
August	16.8456	16.8157	16.8274
September	16.8257	16.8107	16.8166
October	16.8207	16.8107	16.8157
November	16.8257	16.8058	16.8180
December	16.8257	16.7232	16.8079