2024 SOS to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SOS to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SOS to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 74.3492. Conversely, the yearly low was recorded on February 4, dropping to 72.9105.
This high-to-low spread represents a total annual volatility of 1.4387 IRR. From a start-to-finish perspective, comparing the January average rate of 73.6090 to the December average rate of 73.8343, the exchange rate registered a net change of 0.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 74.3492 was down 1.36% compared to the 2023 peak of 75.3725, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SOS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SOS 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 73.6300, compared to 73.7176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0876 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.9449 IRR (High: 74.3492 / Low: 73.4043). On the other end, April was the most stable month, with a tight range of 0.3760 IRR (High: 73.8168 / Low: 73.4408).
Growth Streaks & Declines
TrendsBetween February and May, 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 August and September, when the average rate fell by 0.1095 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 73.7895) against the same month in 2023 (average: 74.2785), the exchange rate shifted by -0.4890 (-0.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.8486 | 73.4559 | 73.6090 |
| February | 73.7169 | 72.9105 | 73.5321 |
| March | 73.8860 | 73.3565 | 73.5906 |
| April | 73.8168 | 73.4408 | 73.6409 |
| May | 73.9897 | 73.4611 | 73.7039 |
| June | 74.0032 | 73.1828 | 73.7035 |
| July | 73.9816 | 73.5817 | 73.7127 |
| August | 74.3492 | 73.4043 | 73.7895 |
| September | 74.0485 | 73.3002 | 73.6800 |
| October | 73.7729 | 73.3764 | 73.6531 |
| November | 73.7769 | 73.2401 | 73.6361 |
| December | 74.2238 | 73.5375 | 73.8343 |