YEARLY HIGH
0.0684 CDF
YEARLY LOW
0.0633 CDF
YEARLY AVERAGE
0.0669 CDF

2024 IRR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 0.0684. Conversely, the yearly low was recorded on January 20, dropping to 0.0633.

This high-to-low spread represents a total annual volatility of 0.0051 CDF. From a start-to-finish perspective, comparing the January average rate of 0.0647 to the December average rate of 0.0677, the exchange rate registered a net change of 4.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0684 was up 3.46% compared to the 2023 peak of 0.0661, 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 342 CDF
2023 Average 277 CDF
Yearly Trough Low 316 CDF
Transaction Impact: A difference of 25.46 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0683
0.0644
JanuMarcMayJulySeptNove

IRR to CDF 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 0.0660, compared to 0.0677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0660
H2 Avg (Jul–Dec) 0.0677

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0022 CDF (High: 0.0655 / Low: 0.0633). On the other end, February was the most stable month, with a tight range of 0.0006 CDF (High: 0.0659 / Low: 0.0652).

January Spread (Volatile) ±0.0022
February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0678) against the same month in 2023 (average: 0.0596), the exchange rate shifted by +0.0082 (+13.78%).

2024 Avg (October) 0.0678
2023 Avg (October) 0.0596

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0655 0.0633 0.0647
February 0.0659 0.0652 0.0656
March 0.0664 0.0657 0.0660
April 0.0671 0.0659 0.0664
May 0.0669 0.0660 0.0664
June 0.0677 0.0662 0.0672
July 0.0682 0.0671 0.0675
August 0.0683 0.0667 0.0677
September 0.0681 0.0671 0.0676
October 0.0684 0.0674 0.0678
November 0.0683 0.0675 0.0680
December 0.0682 0.0671 0.0677