2024 LBP to IRR Historical Review

YEARLY HIGH

2.8052 IRR

YEARLY LOW

0.4671 IRR

YEARLY AVERAGE

0.8044 IRR

2024 LBP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 2.8052. Conversely, the yearly low was recorded on June 9, dropping to 0.4671.

This high-to-low spread represents a total annual volatility of 2.3381 IRR. From a start-to-finish perspective, comparing the January average rate of 2.7976 to the December average rate of 0.4712, the exchange rate registered a net change of -83.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8052 was down 89.97% compared to the 2023 peak of 27.9756, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,026 IRR

2023 Average 26,294 IRR

Yearly Trough Low 2,335 IRR

Transaction Impact: A difference of 11,690.50 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0304

0.2367

JanuMarcMayJulySeptNove

LBP 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 1.1386, compared to 0.4703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6684 points.

H1 Avg (Jan–Jun) 1.1386

H2 Avg (Jul–Dec) 0.4703

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 2.3363 IRR (High: 2.8052 / Low: 0.4689). On the other end, April was the most stable month, with a tight range of 0.0020 IRR (High: 0.4710 / Low: 0.4690).

February Spread (Volatile) ±2.3363

April Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.6848 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.6848

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.1543) against the same month in 2023 (average: 7.2732), the exchange rate shifted by -5.1188 (-70.38%).

2024 Avg (February) 2.1543

2023 Avg (February) 7.2732

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8048	2.7909	2.7976
February	2.8052	0.4689	2.1543
March	0.4715	0.4681	0.4695
April	0.4710	0.4690	0.4700
May	0.4722	0.4684	0.4702
June	0.4721	0.4671	0.4702
July	0.4721	0.4693	0.4703
August	0.4735	0.4685	0.4704
September	0.4726	0.4693	0.4701
October	0.4708	0.4683	0.4698
November	0.4708	0.4674	0.4698
December	0.4738	0.4694	0.4712