2024 BRL to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BRL to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BRL to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 8674.4680. Conversely, the yearly low was recorded on December 25, dropping to 6274.2244.
This high-to-low spread represents a total annual volatility of 2400.2435 IRR. From a start-to-finish perspective, comparing the January average rate of 8566.5923 to the December average rate of 6892.9495, the exchange rate registered a net change of -19.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 8674.4680 was down 3.22% compared to the 2023 peak of 8963.3424, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BRL to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8279.7091, compared to 7402.9780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 876.7311 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 793.3658 IRR (High: 7067.5903 / Low: 6274.2244). On the other end, February was the most stable month, with a tight range of 137.9166 IRR (High: 8551.9893 / Low: 8414.0727).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 387.7843 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 8566.5923) against the same month in 2023 (average: 8086.3918), the exchange rate shifted by +480.2005 (+5.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8674.4680 | 8427.1915 | 8566.5923 |
| February | 8551.9893 | 8414.0727 | 8467.8383 |
| March | 8517.8919 | 8354.2014 | 8435.3646 |
| April | 8397.2171 | 7955.8351 | 8208.5710 |
| May | 8292.4273 | 8049.1431 | 8193.8363 |
| June | 8049.1431 | 7526.4588 | 7806.0519 |
| July | 7772.9774 | 7413.6855 | 7601.0599 |
| August | 7784.6706 | 7317.7622 | 7580.2731 |
| September | 7758.5571 | 7427.3669 | 7601.4094 |
| October | 7757.3496 | 7268.8575 | 7490.7132 |
| November | 7416.1149 | 6994.6636 | 7251.4627 |
| December | 7067.5903 | 6274.2244 | 6892.9495 |