2024 SBD to IRR Historical Review

YEARLY HIGH

5094.0547 IRR

YEARLY LOW

4806.7167 IRR

YEARLY AVERAGE

4997.1749 IRR

2024 SBD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 5094.0547. Conversely, the yearly low was recorded on March 12, dropping to 4806.7167.

This high-to-low spread represents a total annual volatility of 287.3380 IRR. From a start-to-finish perspective, comparing the January average rate of 4993.5163 to the December average rate of 5034.3188, the exchange rate registered a net change of 0.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 5094.0547 was down 1.20% compared to the 2023 peak of 5156.1638, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,470,274 IRR

2023 Average 25,295,029 IRR

Yearly Trough Low 24,033,584 IRR

Transaction Impact: A difference of 1,436,690.15 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5078.9572

4949.6841

JanuMarcMayJulySeptNove

SBD 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 4972.0540, compared to 5022.2958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 50.2418 points.

H1 Avg (Jan–Jun) 4972.0540

H2 Avg (Jul–Dec) 5022.2958

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 196.8798 IRR (High: 5003.5965 / Low: 4806.7167). On the other end, December was the most stable month, with a tight range of 30.9654 IRR (High: 5051.2104 / Low: 5020.2450).

March Spread (Volatile) ±196.8798

December Spread (Stable) ±30.9654

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 33.4787 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -33.4787

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 5068.1845) against the same month in 2023 (average: 5009.9914), the exchange rate shifted by +58.1930 (+1.16%).

2024 Avg (October) 5068.1845

2023 Avg (October) 5009.9914

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5035.2901	4972.6806	4993.5163
February	5002.5599	4938.1672	4973.2600
March	5003.5965	4806.7167	4966.0992
April	4985.1449	4922.4154	4962.1205
May	4984.6979	4941.8283	4960.4568
June	5006.2682	4957.5503	4976.8715
July	5008.2115	4966.1123	4983.0367
August	5008.6537	4924.0128	4965.0182
September	5086.1087	4967.5871	5048.5110
October	5094.0547	5041.8761	5068.1845
November	5071.7968	5014.5461	5034.7057
December	5051.2104	5020.2450	5034.3188