2024 MDL to IRR Historical Review

YEARLY HIGH

2439.8786 IRR

YEARLY LOW

2288.5324 IRR

YEARLY AVERAGE

2374.1588 IRR

2024 MDL to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 2439.8786. Conversely, the yearly low was recorded on December 28, dropping to 2288.5324.

This high-to-low spread represents a total annual volatility of 151.3462 IRR. From a start-to-finish perspective, comparing the January average rate of 2386.3294 to the December average rate of 2302.9539, the exchange rate registered a net change of -3.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2439.8786 was down 0.10% compared to the 2023 peak of 2442.2479, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,199,393 IRR

2023 Average 11,672,415 IRR

Yearly Trough Low 11,442,662 IRR

Transaction Impact: A difference of 756,730.83 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2434.8657

2290.9619

JanuMarcMayJulySeptNove

MDL 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 2377.3166, compared to 2371.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.3156 points.

H1 Avg (Jan–Jun) 2377.3166

H2 Avg (Jul–Dec) 2371.0010

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 82.2910 IRR (High: 2422.9650 / Low: 2340.6739). On the other end, February was the most stable month, with a tight range of 24.6656 IRR (High: 2373.0801 / Low: 2348.4145).

October Spread (Volatile) ±82.2910

February Spread (Stable) ±24.6656

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 48.3414 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -48.3414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2407.8417) against the same month in 2023 (average: 2391.6172), the exchange rate shifted by +16.2245 (+0.68%).

2024 Avg (August) 2407.8417

2023 Avg (August) 2391.6172

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2430.5425	2367.5102	2386.3294
February	2373.0801	2348.4145	2361.6676
March	2397.2580	2366.8991	2381.5878
April	2392.5025	2348.5479	2373.7368
May	2399.2119	2372.6016	2383.7910
June	2401.7925	2357.8550	2376.7870
July	2395.6080	2361.7283	2378.2143
August	2439.8786	2374.4254	2407.8417
September	2436.6040	2406.9113	2422.8738
October	2422.9650	2340.6739	2381.2318
November	2369.4471	2300.0276	2332.8904
December	2317.6118	2288.5324	2302.9539