2024 CRC to IRR Historical Review

YEARLY HIGH

84.4659 IRR

YEARLY LOW

78.6649 IRR

YEARLY AVERAGE

81.6597 IRR

2024 CRC to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 84.4659. Conversely, the yearly low was recorded on July 9, dropping to 78.6649.

This high-to-low spread represents a total annual volatility of 5.8010 IRR. From a start-to-finish perspective, comparing the January average rate of 81.3396 to the December average rate of 83.3959, the exchange rate registered a net change of 2.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 84.4659 was up 4.07% compared to the 2023 peak of 81.1608, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 422,330 IRR

2023 Average 390,097 IRR

Yearly Trough Low 393,325 IRR

Transaction Impact: A difference of 29,005.16 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

83.8244

79.6079

JanuMarcMayJulySeptNove

CRC 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 81.8769, compared to 81.4426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4342 points.

H1 Avg (Jan–Jun) 81.8769

H2 Avg (Jul–Dec) 81.4426

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 2.0904 IRR (High: 80.7553 / Low: 78.6649). On the other end, November was the most stable month, with a tight range of 1.1970 IRR (High: 83.0278 / Low: 81.8308).

July Spread (Volatile) ±2.0904

November Spread (Stable) ±1.1970

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.9683 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.9683

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 83.4731) against the same month in 2023 (average: 78.9020), the exchange rate shifted by +4.5710 (+5.79%).

2024 Avg (April) 83.4731

2023 Avg (April) 78.9020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	82.3229	80.6753	81.3396
February	82.1276	80.8927	81.5135
March	83.7037	81.7288	82.6786
April	84.4659	82.6611	83.4731
May	82.6190	81.0330	82.1123
June	81.0999	79.1341	80.1440
July	80.7553	78.6649	79.9593
August	81.4417	79.4561	80.2438
September	81.5556	79.9447	81.0559
October	82.1918	80.8424	81.5515
November	83.0278	81.8308	82.4495
December	84.0769	82.8476	83.3959