YEARLY HIGH
235.1387 IRR
YEARLY LOW
210.4012 IRR
YEARLY AVERAGE
220.0478 IRR

2024 LRD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 235.1387. Conversely, the yearly low was recorded on September 20, dropping to 210.4012.

This high-to-low spread represents a total annual volatility of 24.7375 IRR. From a start-to-finish perspective, comparing the January average rate of 222.3202 to the December average rate of 233.6099, the exchange rate registered a net change of 5.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 235.1387 was down 14.57% compared to the 2023 peak of 275.2382, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,175,694 IRR
2023 Average 1,214,856 IRR
Yearly Trough Low 1,052,006 IRR
Transaction Impact: A difference of 123,687.50 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

235.4430
213.4457
JanuMarcMayJulySeptNove

LRD 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 219.0391, compared to 221.0565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0173 points.

H1 Avg (Jan–Jun) 219.0391
H2 Avg (Jul–Dec) 221.0565

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 15.7533 IRR (High: 234.9482 / Low: 219.1949). On the other end, March was the most stable month, with a tight range of 1.3220 IRR (High: 219.4024 / Low: 218.0804).

November Spread (Volatile) ±15.7533
March Spread (Stable) ±1.3220

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.2496 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.2496

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 233.6099) against the same month in 2023 (average: 224.3552), the exchange rate shifted by +9.2547 (+4.13%).

2024 Avg (December) 233.6099
2023 Avg (December) 224.3552

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 223.3983 221.2895 222.3202
February 221.2895 219.3633 220.7132
March 219.4024 218.0804 218.4636
April 223.7368 217.2090 218.2933
May 218.3056 216.8815 217.4543
June 217.7866 216.4605 216.9904
July 217.0577 215.3069 216.0143
August 216.5469 211.9123 215.2788
September 217.3556 210.4012 215.3016
October 219.5829 217.1979 218.4906
November 234.9482 219.1949 227.6436
December 235.1387 229.6024 233.6099