2024 BTN to IRR Historical Review

YEARLY HIGH

510.3513 IRR

YEARLY LOW

493.2533 IRR

YEARLY AVERAGE

503.1984 IRR

2024 BTN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 510.3513. Conversely, the yearly low was recorded on December 29, dropping to 493.2533.

This high-to-low spread represents a total annual volatility of 17.0979 IRR. From a start-to-finish perspective, comparing the January average rate of 505.9986 to the December average rate of 496.5804, the exchange rate registered a net change of -1.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 510.3513 was down 2.49% compared to the 2023 peak of 523.3700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,551,756 IRR

2023 Average 2,557,372 IRR

Yearly Trough Low 2,466,267 IRR

Transaction Impact: A difference of 85,489.60 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

507.6840

495.5710

JanuMarcMayJulySeptNove

BTN 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 505.5845, compared to 500.8123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.7723 points.

H1 Avg (Jan–Jun) 505.5845

H2 Avg (Jul–Dec) 500.8123

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 7.9100 IRR (High: 508.3209 / Low: 500.4109). On the other end, July was the most stable month, with a tight range of 2.7601 IRR (High: 505.3525 / Low: 502.5924).

January Spread (Volatile) ±7.9100

July Spread (Stable) ±2.7601

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.4903 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.4903

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 506.6746) against the same month in 2023 (average: 512.8912), the exchange rate shifted by -6.2165 (-1.21%).

2024 Avg (March) 506.6746

2023 Avg (March) 512.8912

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	508.3209	500.4109	505.9986
February	508.1176	502.6734	506.5742
March	510.3513	504.2376	506.6746
April	506.4427	503.2942	504.7955
May	507.4608	501.2442	504.9756
June	508.0738	501.3163	504.4886
July	505.3525	502.5924	503.8312
August	507.4204	500.6804	502.2480
September	506.2976	500.5936	502.3833
October	502.5400	499.7224	500.7600
November	501.0935	496.1298	499.0707
December	499.3329	493.2533	496.5804