YEARLY HIGH
2.0148 IRR
YEARLY LOW
2.0043 IRR
YEARLY AVERAGE
2.0072 IRR

2024 SLL to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 2.0148. Conversely, the yearly low was recorded on March 5, dropping to 2.0043.

This high-to-low spread represents a total annual volatility of 0.0105 IRR. From a start-to-finish perspective, comparing the January average rate of 2.0052 to the December average rate of 2.0117, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0148 was down 15.96% compared to the 2023 peak of 2.3974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,074 IRR
2023 Average 11,139 IRR
Yearly Trough Low 10,022 IRR
Transaction Impact: A difference of 52.46 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0124
2.0041
JanuMarcMayJulySeptNove

SLL 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 2.0061, compared to 2.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 2.0061
H2 Avg (Jul–Dec) 2.0084

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0103 IRR (High: 2.0148 / Low: 2.0046). On the other end, August was the most stable month, with a tight range of 0.0006 IRR (High: 2.0079 / Low: 2.0073).

April Spread (Volatile) ±0.0103
August Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and June, 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 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.0064) against the same month in 2023 (average: 2.3922), the exchange rate shifted by -0.3858 (-16.13%).

2024 Avg (April) 2.0064
2023 Avg (April) 2.3922

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0079 2.0047 2.0052
February 2.0079 2.0043 2.0048
March 2.0057 2.0043 2.0049
April 2.0148 2.0046 2.0064
May 2.0148 2.0059 2.0072
June 2.0148 2.0071 2.0083
July 2.0148 2.0071 2.0079
August 2.0079 2.0073 2.0076
September 2.0148 2.0073 2.0079
October 2.0148 2.0071 2.0078
November 2.0079 2.0065 2.0073
December 2.0148 2.0071 2.0117