YEARLY HIGH
8911.2499 IRR
YEARLY LOW
8582.1078 IRR
YEARLY AVERAGE
8714.8137 IRR

2024 LYD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LYD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 8911.2499. Conversely, the yearly low was recorded on December 29, dropping to 8582.1078.

This high-to-low spread represents a total annual volatility of 329.1420 IRR. From a start-to-finish perspective, comparing the January average rate of 8751.3962 to the December average rate of 8621.4894, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 8911.2499 was down 0.75% compared to the 2023 peak of 8978.4061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44,556,249 IRR
2023 Average 43,895,100 IRR
Yearly Trough Low 42,910,539 IRR
Transaction Impact: A difference of 1,645,710.19 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

8873.8222
8598.5500
JanuMarcMayJulySeptNove

LYD 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 8698.7413, compared to 8730.8861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.1448 points.

H1 Avg (Jan–Jun) 8698.7413
H2 Avg (Jul–Dec) 8730.8861

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 175.4269 IRR (High: 8893.4846 / Low: 8718.0577). On the other end, March was the most stable month, with a tight range of 76.7365 IRR (High: 8770.6797 / Low: 8693.9432).

October Spread (Volatile) ±175.4269
March Spread (Stable) ±76.7365

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 121.7022 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -121.7022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 8850.8828) against the same month in 2023 (average: 8708.6962), the exchange rate shifted by +142.1866 (+1.63%).

2024 Avg (September) 8850.8828
2023 Avg (September) 8708.6962

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8815.0450 8711.8954 8751.3962
February 8723.0290 8629.9321 8687.8837
March 8770.6797 8693.9432 8720.7309
April 8726.1048 8625.4878 8673.3005
May 8738.1662 8628.2051 8675.7472
June 8717.3795 8635.3377 8683.3890
July 8741.9080 8639.0590 8691.8355
August 8870.9168 8714.2801 8791.0828
September 8911.2499 8807.3774 8850.8828
October 8893.4846 8718.0577 8775.8640
November 8751.7114 8592.4595 8654.1618
December 8667.3547 8582.1078 8621.4894