2023 YER to IRR Historical Review

YEARLY HIGH

169.2354 IRR

YEARLY LOW

166.3032 IRR

YEARLY AVERAGE

168.6620 IRR

2023 YER to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 169.2354. Conversely, the yearly low was recorded on February 20, dropping to 166.3032.

This high-to-low spread represents a total annual volatility of 2.9323 IRR. From a start-to-finish perspective, comparing the January average rate of 167.5228 to the December average rate of 168.7672, the exchange rate registered a net change of 0.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 169.2354 was down 0.25% compared to the 2022 peak of 169.6642, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 846,177 IRR

2022 Average 844,480 IRR

Yearly Trough Low 831,516 IRR

Transaction Impact: A difference of 14,661.41 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

169.0477

167.3842

JanuMarcMayJulySeptNove

YER 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 168.5262, compared to 168.7978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2716 points.

H1 Avg (Jan–Jun) 168.5262

H2 Avg (Jul–Dec) 168.7978

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.8600 IRR (High: 169.1632 / Low: 166.3032). On the other end, April was the most stable month, with a tight range of 0.1505 IRR (High: 168.9142 / Low: 168.7637).

February Spread (Volatile) ±2.8600

April Spread (Stable) ±0.1505

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 0.1980 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 168.7672) against the same month in 2022 (average: 166.6730), the exchange rate shifted by +2.0942 (+1.26%).

2023 Avg (December) 168.7672

2022 Avg (December) 166.6730

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	168.5640	166.3364	167.5228
February	169.1632	166.3032	168.6459
March	168.8974	166.3716	168.4480
April	168.9142	168.7637	168.8066
May	169.0970	168.7637	168.8658
June	169.0970	168.7637	168.8683
July	169.1632	167.8015	168.7582
August	169.0633	168.7974	168.9091
September	168.8636	168.6801	168.7792
October	168.8979	168.6801	168.7724
November	168.8973	168.6738	168.8009
December	169.2354	167.9021	168.7672