YEARLY HIGH
15670.3854 IRR
YEARLY LOW
15405.4504 IRR
YEARLY AVERAGE
15622.0776 IRR

2023 XCD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 15670.3854. Conversely, the yearly low was recorded on March 26, dropping to 15405.4504.

This high-to-low spread represents a total annual volatility of 264.9350 IRR. From a start-to-finish perspective, comparing the January average rate of 15516.9819 to the December average rate of 15626.0724, 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 15670.3854 was down 0.24% compared to the 2022 peak of 15707.3875, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,351,927 IRR
2022 Average 78,200,089 IRR
Yearly Trough Low 77,027,252 IRR
Transaction Impact: A difference of 1,324,674.84 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15657.0043
15504.2526
JanuMarcMayJulySeptNove

XCD 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 15610.0348, compared to 15634.1203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.0855 points.

H1 Avg (Jan–Jun) 15610.0348
H2 Avg (Jul–Dec) 15634.1203

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 264.9350 IRR (High: 15670.3854 / Low: 15405.4504). On the other end, October was the most stable month, with a tight range of 9.2505 IRR (High: 15638.0085 / Low: 15628.7580).

February Spread (Volatile) ±264.9350
October Spread (Stable) ±9.2505

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 20.5485 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -20.5485

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 15621.7937) against the same month in 2022 (average: 15636.4007), the exchange rate shifted by -14.6070 (-0.09%).

2023 Avg (February) 15621.7937
2022 Avg (February) 15636.4007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15616.7323 15405.4504 15516.9819
February 15670.3854 15405.4504 15621.7937
March 15642.6338 15405.4504 15601.2452
April 15642.6338 15633.3833 15636.4668
May 15661.1349 15633.3833 15641.3805
June 15661.1349 15633.3833 15642.3409
July 15670.3854 15544.2452 15631.2026
August 15661.1349 15633.3833 15644.2750
September 15642.6338 15628.7580 15634.2467
October 15638.0085 15628.7580 15633.3833
November 15642.6338 15624.1328 15635.5417
December 15642.6338 15547.3534 15626.0724