2024 BND to IRR Historical Review

YEARLY HIGH

32863.8718 IRR

YEARLY LOW

30820.5502 IRR

YEARLY AVERAGE

31506.9768 IRR

2024 BND to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 32863.8718. Conversely, the yearly low was recorded on May 1, dropping to 30820.5502.

This high-to-low spread represents a total annual volatility of 2043.3215 IRR. From a start-to-finish perspective, comparing the January average rate of 31496.9200 to the December average rate of 31247.6922, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 32863.8718 was up 1.72% compared to the 2023 peak of 32307.0363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 164,319,359 IRR

2023 Average 157,251,874 IRR

Yearly Trough Low 154,102,751 IRR

Transaction Impact: A difference of 10,216,607.73 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

32623.8171

30879.2682

JanuMarcMayJulySeptNove

BND 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 31241.0654, compared to 31772.8883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 531.8228 points.

H1 Avg (Jan–Jun) 31241.0654

H2 Avg (Jul–Dec) 31772.8883

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 952.4983 IRR (High: 32713.9162 / Low: 31761.4179). On the other end, June was the most stable month, with a tight range of 281.6507 IRR (High: 31297.7179 / Low: 31016.0672).

October Spread (Volatile) ±952.4983

June Spread (Stable) ±281.6507

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 631.6956 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -631.6956

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 32478.4380) against the same month in 2023 (average: 31014.9644), the exchange rate shifted by +1463.4736 (+4.72%).

2024 Avg (September) 32478.4380

2023 Avg (September) 31014.9644

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31823.6409	31286.3519	31496.9200
February	31484.4016	31138.5000	31264.5531
March	31607.9769	31110.9269	31362.2122
April	31262.1436	30833.1116	31024.6472
May	31374.8233	30820.5502	31149.0702
June	31297.7179	31016.0672	31148.9897
July	31434.2344	30974.6139	31275.3222
August	32430.1357	31483.9041	31999.3766
September	32863.8718	32146.0347	32478.4380
October	32713.9162	31761.4179	32134.0981
November	31978.4001	31192.5919	31502.4024
December	31476.3973	30992.6146	31247.6922