YEARLY HIGH
238.5979 IRR
YEARLY LOW
234.0178 IRR
YEARLY AVERAGE
236.7113 IRR

2024 DJF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 238.5979. Conversely, the yearly low was recorded on February 4, dropping to 234.0178.

This high-to-low spread represents a total annual volatility of 4.5801 IRR. From a start-to-finish perspective, comparing the January average rate of 236.3471 to the December average rate of 237.1767, the exchange rate registered a net change of 0.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 238.5979 was down 0.86% compared to the 2023 peak of 240.6616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,192,989 IRR
2023 Average 1,187,040 IRR
Yearly Trough Low 1,170,089 IRR
Transaction Impact: A difference of 22,900.52 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

237.2687
236.1656
JanuMarcMayJulySeptNove

DJF 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 236.5785, compared to 236.8442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2657 points.

H1 Avg (Jan–Jun) 236.5785
H2 Avg (Jul–Dec) 236.8442

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 3.0272 IRR (High: 238.5979 / Low: 235.5707). On the other end, April was the most stable month, with a tight range of 1.2183 IRR (High: 236.9101 / Low: 235.6918).

August Spread (Volatile) ±3.0272
April Spread (Stable) ±1.2183

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3887 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3887

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 237.0401) against the same month in 2023 (average: 237.6516), the exchange rate shifted by -0.6115 (-0.26%).

2024 Avg (August) 237.0401
2023 Avg (August) 237.6516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 237.0545 235.5042 236.3471
February 236.7738 234.0178 236.2575
March 237.1817 235.4285 236.5108
April 236.9101 235.6918 236.6210
May 238.5593 235.7859 236.8848
June 237.7825 234.9083 236.8495
July 237.4559 236.1731 236.7774
August 238.5979 235.5707 237.0401
September 237.6363 235.2424 236.6514
October 237.7966 235.4832 236.7382
November 237.3859 235.0565 236.6811
December 238.2142 235.9950 237.1767