YEARLY HIGH
15699.4310 IRR
YEARLY LOW
15006.2500 IRR
YEARLY AVERAGE
15457.1845 IRR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 78,497,155 IRR
2022 Average 79,056,149 IRR
Yearly Trough Low 75,031,250 IRR
Transaction Impact: A difference of 3,465,904.83 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15707.6012
15025.3773
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 15557.7327
H2 Avg (Jul–Dec) 15356.6363

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±461.4357
April Spread (Stable) ±9.1726

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -275.1604

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (February) 15650.7492
2022 Avg (February) 16132.8725

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