YEARLY HIGH
504.0440 IRR
YEARLY LOW
371.4407 IRR
YEARLY AVERAGE
454.7580 IRR

2024 RUB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 504.0440. Conversely, the yearly low was recorded on December 31, dropping to 371.4407.

This high-to-low spread represents a total annual volatility of 132.6033 IRR. From a start-to-finish perspective, comparing the January average rate of 470.7312 to the December average rate of 406.7799, the exchange rate registered a net change of -13.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 504.0440 was down 20.51% compared to the 2023 peak of 634.0655, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,520,220 IRR
2023 Average 2,497,963 IRR
Yearly Trough Low 1,857,203 IRR
Transaction Impact: A difference of 663,016.67 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

489.6997
399.2418
JanuMarcMayJulySeptNove

RUB 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 463.0885, compared to 446.4275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.6609 points.

H1 Avg (Jan–Jun) 463.0885
H2 Avg (Jul–Dec) 446.4275

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 66.6044 IRR (High: 438.4714 / Low: 371.8670). On the other end, March was the most stable month, with a tight range of 11.2425 IRR (High: 463.6736 / Low: 452.4311).

November Spread (Volatile) ±66.6044
March Spread (Stable) ±11.2425

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 23.9486 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -23.9486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 477.8877) against the same month in 2023 (average: 507.1221), the exchange rate shifted by -29.2344 (-5.76%).

2024 Avg (June) 477.8877
2023 Avg (June) 507.1221

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 479.7405 457.1775 470.7312
February 464.5972 443.4429 457.8111
March 463.6736 452.4311 457.7094
April 458.4125 446.7037 452.4420
May 474.8856 449.8182 461.9494
June 504.0440 467.0085 477.8877
July 495.3643 473.0249 482.1615
August 496.0732 457.5333 473.3718
September 481.0368 446.7532 461.3062
October 445.3865 431.8123 437.3576
November 438.4714 371.8670 417.5882
December 425.6390 371.4407 406.7799