2023 TOP to IRR Historical Review

YEARLY HIGH

18265.1327 IRR

YEARLY LOW

17532.0877 IRR

YEARLY AVERAGE

17875.9225 IRR

2023 TOP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TOP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 18265.1327. Conversely, the yearly low was recorded on October 29, dropping to 17532.0877.

This high-to-low spread represents a total annual volatility of 733.0450 IRR. From a start-to-finish perspective, comparing the January average rate of 18002.3512 to the December average rate of 17971.5826, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 18265.1327 was down 3.07% compared to the 2022 peak of 18842.7063, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91,325,663 IRR

2022 Average 90,717,077 IRR

Yearly Trough Low 87,660,439 IRR

Transaction Impact: A difference of 3,665,224.85 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18108.4033

17579.9568

JanuMarcMayJulySeptNove

TOP 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 17957.9448, compared to 17793.9002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 164.0446 points.

H1 Avg (Jan–Jun) 17957.9448

H2 Avg (Jul–Dec) 17793.9002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 520.0950 IRR (High: 18252.9899 / Low: 17732.8949). On the other end, September was the most stable month, with a tight range of 97.4034 IRR (High: 17722.4121 / Low: 17625.0087).

February Spread (Volatile) ±520.0950

September Spread (Stable) ±97.4034

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 212.9313 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -212.9313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 18002.3512) against the same month in 2022 (average: 18571.4847), the exchange rate shifted by -569.1336 (-3.06%).

2023 Avg (January) 18002.3512

2022 Avg (January) 18571.4847

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18265.1327	17778.7634	18002.3512
February	18252.9899	17732.8949	18064.3661
March	18012.1570	17649.5126	17876.4024
April	18044.0698	17853.5305	17957.0701
May	18060.7130	17762.4667	17919.8002
June	18090.1892	17762.4667	17927.6788
July	18188.7413	17834.5293	17990.7231
August	18002.4694	17658.8576	17777.7918
September	17722.4121	17625.0087	17670.5519
October	17725.6673	17532.0877	17623.9940
November	17925.1311	17553.6034	17728.7577
December	18079.5749	17871.3013	17971.5826