2024 FKP to IRR Historical Review

YEARLY HIGH

56516.9930 IRR

YEARLY LOW

51961.7650 IRR

YEARLY AVERAGE

53794.6394 IRR

2024 FKP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 56516.9930. Conversely, the yearly low was recorded on April 22, dropping to 51961.7650.

This high-to-low spread represents a total annual volatility of 4555.2280 IRR. From a start-to-finish perspective, comparing the January average rate of 53436.3390 to the December average rate of 53296.4576, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 56516.9930 was up 1.83% compared to the 2023 peak of 55500.1247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 282,584,965 IRR

2023 Average 262,592,561 IRR

Yearly Trough Low 259,808,825 IRR

Transaction Impact: A difference of 22,776,139.98 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

55968.5568

52329.6539

JanuMarcMayJulySeptNove

FKP 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 53215.5708, compared to 54373.7080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1158.1372 points.

H1 Avg (Jan–Jun) 53215.5708

H2 Avg (Jul–Dec) 54373.7080

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2411.5182 IRR (High: 55794.5916 / Low: 53383.0734). On the other end, January was the most stable month, with a tight range of 643.8054 IRR (High: 53721.0149 / Low: 53077.2095).

August Spread (Volatile) ±2411.5182

January Spread (Stable) ±643.8054

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 1259.9445 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1259.9445

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 55665.3149) against the same month in 2023 (average: 52339.8758), the exchange rate shifted by +3325.4390 (+6.35%).

2024 Avg (September) 55665.3149

2023 Avg (September) 52339.8758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53721.0149	53077.2095	53436.3390
February	53591.7088	52688.4753	53101.4817
March	54055.0271	52953.8111	53424.6605
April	53323.3184	51961.7650	52632.8958
May	53781.9985	52565.1020	53186.9253
June	54074.0133	53118.5160	53511.1224
July	54751.5998	53219.8735	54187.5392
August	55794.5916	53383.0734	54504.2753
September	56516.9930	54897.1290	55665.3149
October	55867.3493	54289.0161	54924.3028
November	54900.5874	52741.8759	53664.3583
December	53803.7734	52800.6858	53296.4576