Report on Average Monthly Changes in the Dollar Rate by the Solar Hijri Calendar

Report on Average Monthly Changes in the Dollar Rate by the Solar Hijri Calendar
Report on Average Monthly Changes in the Dollar Rate by the Solar Hijri Calendar
📈 Background

💡 The published chart examines the seasonal behavior and average monthly changes in the dollar rate from 1392 to 1404 (Solar Hijri)

🔥 The data is intended to describe the market's historical behavior in different months of the year and carries no predictive claim about the future

Focus

🧐 The month of Shahrivar, with an average rise of 6.3%, and Bahman, with 5.4%, recorded the strongest historical upward moves

💡 The month of Aban, with an average rise of 0.7% and a median of 2.6%, saw the lowest monthly growth over the period

🔥 Fluctuations across autumn and winter reflect the impact of commercial demand and year-end factors on the exchange rate

Implications

💡 Understanding the dollar's seasonal pattern helps economic actors time their foreign currency demand management better

🧐 Low historical growth in Aban does not necessarily mean guaranteed stability; it merely describes the market's past performance

Conclusion

🧐 A review of historical data shows that in certain months of the year, such as Shahrivar and Bahman, the dollar rate has traditionally faced greater upward pressure

#DollarRate #CurrencyMarket #IranEconomy #SeasonalAnalysis #Dollar

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