2024 SDG to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SDG to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SDG to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 73.7511. Conversely, the yearly low was recorded on March 5, dropping to 69.9334.
This high-to-low spread represents a total annual volatility of 3.8177 IRR. From a start-to-finish perspective, comparing the January average rate of 69.9647 to the December average rate of 70.1311, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 73.7511 was down 4.75% compared to the 2023 peak of 77.4267, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SDG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SDG 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 70.6220, compared to 70.1502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4718 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 3.7636 IRR (High: 73.7511 / Low: 69.9875). On the other end, August was the most stable month, with a tight range of 0.0208 IRR (High: 70.0000 / Low: 69.9792).
Growth Streaks & Declines
TrendsBetween February and April, 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 April and May, when the average rate fell by 1.4590 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2024: 70.2802) against the same month in 2023 (average: 70.4414), the exchange rate shifted by -0.1612 (-0.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 70.0582 | 69.9459 | 69.9647 |
| February | 70.0582 | 69.9334 | 69.9596 |
| March | 71.7933 | 69.9334 | 70.8205 |
| April | 72.0990 | 70.0000 | 71.7392 |
| May | 73.7511 | 69.9875 | 70.2802 |
| June | 72.0350 | 70.0291 | 70.9680 |
| July | 72.0990 | 69.9792 | 70.8052 |
| August | 70.0000 | 69.9792 | 69.9893 |
| September | 70.2411 | 69.9792 | 70.0001 |
| October | 70.2411 | 69.9709 | 69.9954 |
| November | 70.0000 | 69.9501 | 69.9800 |
| December | 70.2411 | 69.9709 | 70.1311 |