2024 BZD to IRR Historical Review

YEARLY HIGH

21102.7472 IRR

YEARLY LOW

20672.0252 IRR

YEARLY AVERAGE

20887.4387 IRR

2024 BZD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 21102.7472. Conversely, the yearly low was recorded on February 4, dropping to 20672.0252.

This high-to-low spread represents a total annual volatility of 430.7220 IRR. From a start-to-finish perspective, comparing the January average rate of 20864.0400 to the December average rate of 20964.6684, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21102.7472 was down 0.73% compared to the 2023 peak of 21258.1076, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,513,736 IRR

2023 Average 104,781,452 IRR

Yearly Trough Low 103,360,126 IRR

Transaction Impact: A difference of 2,153,609.91 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20975.8675

20841.4784

JanuMarcMayJulySeptNove

BZD 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 20874.7463, compared to 20900.1312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.3849 points.

H1 Avg (Jan–Jun) 20874.7463

H2 Avg (Jul–Dec) 20900.1312

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 253.9704 IRR (High: 21078.5531 / Low: 20824.5827). On the other end, January was the most stable month, with a tight range of 88.2829 IRR (High: 20913.6589 / Low: 20825.3760).

August Spread (Volatile) ±253.9704

January Spread (Stable) ±88.2829

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 18.5885 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -18.5885

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 20964.6684) against the same month in 2023 (average: 20928.9836), the exchange rate shifted by +35.6848 (+0.17%).

2024 Avg (December) 20964.6684

2023 Avg (December) 20928.9836

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20913.6589	20825.3760	20864.0400
February	20900.6221	20672.0252	20852.6775
March	20947.2466	20799.2534	20869.3061
April	20929.6912	20822.4973	20881.1166
May	20977.3382	20852.5897	20889.6053
June	20980.1634	20749.8022	20891.7323
July	20974.7890	20861.4625	20895.1261
August	21078.5531	20824.5827	20903.8232
September	20993.5176	20852.1994	20885.2347
October	20916.6389	20803.4104	20873.6280
November	20976.9213	20766.4225	20878.3066
December	21102.7472	20848.9582	20964.6684