YEARLY HIGH
0.0244 ARS
YEARLY LOW
0.0193 ARS
YEARLY AVERAGE
0.0217 ARS

2024 IRR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0244. Conversely, the yearly low was recorded on January 1, dropping to 0.0193.

This high-to-low spread represents a total annual volatility of 0.0051 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0194 to the December average rate of 0.0242, the exchange rate registered a net change of 24.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0244 was up 26.66% compared to the 2023 peak of 0.0193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 122 ARS
2023 Average 35 ARS
Yearly Trough Low 96 ARS
Transaction Impact: A difference of 25.72 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0246
0.0190
JanuMarcMayJulySeptNove

IRR to ARS 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 0.0204, compared to 0.0230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0204
H2 Avg (Jul–Dec) 0.0230

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0006 ARS (High: 0.0226 / Low: 0.0220). On the other end, December was the most stable month, with a tight range of 0.0004 ARS (High: 0.0244 / Low: 0.0240).

August Spread (Volatile) ±0.0006
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0242) against the same month in 2023 (average: 0.0150), the exchange rate shifted by +0.0092 (+61.53%).

2024 Avg (December) 0.0242
2023 Avg (December) 0.0150

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0197 0.0193 0.0194
February 0.0200 0.0197 0.0198
March 0.0204 0.0200 0.0202
April 0.0208 0.0204 0.0206
May 0.0212 0.0208 0.0210
June 0.0216 0.0212 0.0215
July 0.0221 0.0217 0.0219
August 0.0226 0.0220 0.0223
September 0.0230 0.0226 0.0228
October 0.0235 0.0230 0.0233
November 0.0240 0.0234 0.0237
December 0.0244 0.0240 0.0242