2024 LSL to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 LSL to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the LSL to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 2451.3203. Conversely, the yearly low was recorded on February 26, dropping to 2175.1930.
This high-to-low spread represents a total annual volatility of 276.1273 IRR. From a start-to-finish perspective, comparing the January average rate of 2237.6866 to the December average rate of 2315.1072, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 2451.3203 was down 1.48% compared to the 2023 peak of 2488.1094, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LSL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
LSL 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 2247.6586, compared to 2348.8501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 101.1916 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 143.4189 IRR (High: 2383.3271 / Low: 2239.9082). On the other end, October was the most stable month, with a tight range of 62.2594 IRR (High: 2434.0445 / Low: 2371.7851).
Growth Streaks & Declines
TrendsBetween June and October, 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 October and November, when the average rate fell by 46.9183 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 2390.8164) against the same month in 2023 (average: 2228.6574), the exchange rate shifted by +162.1590 (+7.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2273.4731 | 2193.1425 | 2237.6866 |
| February | 2260.7527 | 2175.1930 | 2215.2706 |
| March | 2263.1862 | 2200.3389 | 2229.1958 |
| April | 2276.7857 | 2190.7552 | 2229.8710 |
| May | 2325.8706 | 2252.6840 | 2287.9843 |
| June | 2353.3337 | 2211.4264 | 2285.9431 |
| July | 2344.6827 | 2279.5264 | 2309.2360 |
| August | 2387.1249 | 2267.6748 | 2334.7906 |
| September | 2451.3203 | 2347.3660 | 2390.8164 |
| October | 2434.0445 | 2371.7851 | 2395.0344 |
| November | 2415.0085 | 2306.7305 | 2348.1162 |
| December | 2383.3271 | 2239.9082 | 2315.1072 |