YEARLY HIGH
15.8036 IRR
YEARLY LOW
14.6265 IRR
YEARLY AVERAGE
14.9551 IRR

2024 CDF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 15.8036. Conversely, the yearly low was recorded on October 30, dropping to 14.6265.

This high-to-low spread represents a total annual volatility of 1.1771 IRR. From a start-to-finish perspective, comparing the January average rate of 15.4498 to the December average rate of 14.7800, the exchange rate registered a net change of -4.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.8036 was down 23.69% compared to the 2023 peak of 20.7086, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79,018 IRR
2023 Average 91,199 IRR
Yearly Trough Low 73,132 IRR
Transaction Impact: A difference of 5,885.36 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.5234
14.6408
JanuMarcMayJulySeptNove

CDF 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 15.1426, compared to 14.7675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3751 points.

H1 Avg (Jan–Jun) 15.1426
H2 Avg (Jul–Dec) 14.7675

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.5314 IRR (High: 15.8036 / Low: 15.2722). On the other end, February was the most stable month, with a tight range of 0.1445 IRR (High: 15.3299 / Low: 15.1854).

January Spread (Volatile) ±0.5314
February Spread (Stable) ±0.1445

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1975 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1975

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 15.4498) against the same month in 2023 (average: 20.4695), the exchange rate shifted by -5.0197 (-24.52%).

2024 Avg (January) 15.4498
2023 Avg (January) 20.4695

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.8036 15.2722 15.4498
February 15.3299 15.1854 15.2523
March 15.2158 15.0603 15.1542
April 15.1676 14.9089 15.0718
May 15.1530 14.9416 15.0564
June 15.1048 14.7635 14.8711
July 14.9008 14.6621 14.8056
August 14.9859 14.6452 14.7773
September 14.8998 14.6881 14.7827
October 14.8347 14.6265 14.7453
November 14.8047 14.6409 14.7143
December 14.9104 14.6618 14.7800