YEARLY HIGH
0.5301 STD
YEARLY LOW
0.5274 STD
YEARLY AVERAGE
0.5294 STD

2024 IRR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.5301. Conversely, the yearly low was recorded on December 31, dropping to 0.5274.

This high-to-low spread represents a total annual volatility of 0.0028 STD. From a start-to-finish perspective, comparing the January average rate of 0.5299 to the December average rate of 0.5282, the exchange rate registered a net change of -0.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5301 was down 3.30% compared to the 2023 peak of 0.5482, 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 2,651 STD
2023 Average 2,675 STD
Yearly Trough Low 2,637 STD
Transaction Impact: A difference of 13.80 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5302
0.5280
JanuMarcMayJulySeptNove

IRR to STD 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 0.5297, compared to 0.5291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.5297
H2 Avg (Jul–Dec) 0.5291

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0027 STD (High: 0.5301 / Low: 0.5274). On the other end, August was the most stable month, with a tight range of 0.0002 STD (High: 0.5294 / Low: 0.5292).

April Spread (Volatile) ±0.0027
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5300) against the same month in 2023 (average: 0.5406), the exchange rate shifted by -0.0106 (-1.96%).

2024 Avg (February) 0.5300
2023 Avg (February) 0.5406

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5300 0.5292 0.5299
February 0.5301 0.5292 0.5300
March 0.5301 0.5298 0.5300
April 0.5301 0.5274 0.5296
May 0.5297 0.5274 0.5294
June 0.5294 0.5274 0.5291
July 0.5294 0.5274 0.5292
August 0.5294 0.5292 0.5293
September 0.5294 0.5274 0.5292
October 0.5294 0.5274 0.5292
November 0.5296 0.5292 0.5293
December 0.5294 0.5274 0.5282