2024 GMD to IRR Historical Review

YEARLY HIGH

625.7621 IRR

YEARLY LOW

584.5486 IRR

YEARLY AVERAGE

611.9623 IRR

2024 GMD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 625.7621. Conversely, the yearly low was recorded on December 13, dropping to 584.5486.

This high-to-low spread represents a total annual volatility of 41.2135 IRR. From a start-to-finish perspective, comparing the January average rate of 624.8758 to the December average rate of 587.4318, the exchange rate registered a net change of -5.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 625.7621 was down 12.17% compared to the 2023 peak of 712.4789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,128,810 IRR

2023 Average 3,394,653 IRR

Yearly Trough Low 2,922,743 IRR

Transaction Impact: A difference of 206,067.35 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

628.6202

583.6874

JanuMarcMayJulySeptNove

GMD 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 621.3044, compared to 602.6203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.6841 points.

H1 Avg (Jan–Jun) 621.3044

H2 Avg (Jul–Dec) 602.6203

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 26.5051 IRR (High: 623.7037 / Low: 597.1986). On the other end, March was the most stable month, with a tight range of 0.9407 IRR (High: 619.2563 / Low: 618.3156).

October Spread (Volatile) ±26.5051

March Spread (Stable) ±0.9407

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 17.9054 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -17.9054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 624.8758) against the same month in 2023 (average: 676.1167), the exchange rate shifted by -51.2409 (-7.58%).

2024 Avg (January) 624.8758

2023 Avg (January) 676.1167

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	625.7621	623.5818	624.8758
February	624.7863	618.3156	621.8785
March	619.2563	618.3156	618.8774
April	622.0618	619.0213	619.6733
May	623.4386	619.4772	621.0556
June	623.4911	620.9886	621.4657
July	623.3798	605.8273	620.7442
August	610.2174	592.8521	602.8388
September	614.6715	592.8521	605.3360
October	623.7037	597.1986	607.7537
November	597.2340	588.7063	591.6172
December	592.9577	584.5486	587.4318