2024 JPY to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 JPY to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the JPY to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 299.0437. Conversely, the yearly low was recorded on July 10, dropping to 260.5271.
This high-to-low spread represents a total annual volatility of 38.5166 IRR. From a start-to-finish perspective, comparing the January average rate of 287.7243 to the December average rate of 273.9525, the exchange rate registered a net change of -4.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 299.0437 was down 8.88% compared to the 2023 peak of 328.1708, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 JPY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
JPY to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 276.5517, compared to 279.8047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2530 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 20.5813 IRR (High: 281.1083 / Low: 260.5271). On the other end, May was the most stable month, with a tight range of 7.3726 IRR (High: 274.8195 / Low: 267.4468).
Growth Streaks & Declines
TrendsBetween June and September, 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 September and October, when the average rate fell by 13.4436 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 294.3411) against the same month in 2023 (average: 285.8677), the exchange rate shifted by +8.4734 (+2.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 298.3737 | 283.5510 | 287.7243 |
| February | 287.0652 | 278.8679 | 280.9901 |
| March | 286.4805 | 277.2575 | 280.7494 |
| April | 278.0945 | 266.1374 | 273.1758 |
| May | 274.8195 | 267.4468 | 270.2861 |
| June | 271.4045 | 261.6452 | 266.3843 |
| July | 281.1083 | 260.5271 | 267.3443 |
| August | 292.4603 | 282.0605 | 287.9299 |
| September | 299.0437 | 286.9165 | 294.3411 |
| October | 292.7892 | 274.6701 | 280.8975 |
| November | 281.0424 | 269.0415 | 274.3630 |
| December | 281.5696 | 267.5846 | 273.9525 |