2023 WST to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 WST to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the WST to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 15699.4310. Conversely, the yearly low was recorded on December 30, dropping to 15006.2500.
This high-to-low spread represents a total annual volatility of 693.1810 IRR. From a start-to-finish perspective, comparing the January average rate of 15545.7431 to the December average rate of 15082.2293, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 15699.4310 was down 4.42% compared to the 2022 peak of 16425.3483, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
WST to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15557.7327, compared to 15356.6363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 201.0964 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 461.4357 IRR (High: 15546.2571 / Low: 15084.8214). On the other end, April was the most stable month, with a tight range of 9.1726 IRR (High: 15510.8585 / Low: 15501.6859).
Growth Streaks & Declines
TrendsBetween April and June, 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 October and November, when the average rate fell by 275.1604 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 15650.7492) against the same month in 2022 (average: 16132.8725), the exchange rate shifted by -482.1233 (-2.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15645.6785 | 15434.0049 | 15545.7431 |
| February | 15699.4310 | 15434.0049 | 15650.7492 |
| March | 15671.6280 | 15434.0049 | 15624.9765 |
| April | 15510.8585 | 15501.6859 | 15504.7435 |
| May | 15529.2037 | 15501.6859 | 15509.6158 |
| June | 15529.2037 | 15501.6859 | 15510.5681 |
| July | 15578.4440 | 15413.2988 | 15504.6860 |
| August | 15569.2477 | 15541.6590 | 15552.4868 |
| September | 15550.8553 | 15537.0609 | 15542.5173 |
| October | 15546.2571 | 15084.8214 | 15366.5295 |
| November | 15098.2143 | 15080.3571 | 15091.3690 |
| December | 15098.2143 | 15006.2500 | 15082.2293 |