YEARLY HIGH
18065.9074 IRR
YEARLY LOW
17418.6124 IRR
YEARLY AVERAGE
17769.0719 IRR

2024 TOP to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 18065.9074. Conversely, the yearly low was recorded on April 29, dropping to 17418.6124.

This high-to-low spread represents a total annual volatility of 647.2950 IRR. From a start-to-finish perspective, comparing the January average rate of 17851.7855 to the December average rate of 17616.7644, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 18065.9074 was down 1.09% compared to the 2023 peak of 18265.1327, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90,329,537 IRR
2023 Average 89,374,877 IRR
Yearly Trough Low 87,093,062 IRR
Transaction Impact: A difference of 3,236,475.21 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17991.6626
17569.8032
JanuMarcMayJulySeptNove

TOP 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 17771.3722, compared to 17766.7716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.6006 points.

H1 Avg (Jan–Jun) 17771.3722
H2 Avg (Jul–Dec) 17766.7716

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 378.3322 IRR (High: 18036.2117 / Low: 17657.8795). On the other end, December was the most stable month, with a tight range of 67.8630 IRR (High: 17644.3812 / Low: 17576.5181).

October Spread (Volatile) ±378.3322
December Spread (Stable) ±67.8630

Growth Streaks & Declines

Trends

Between April and June, 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 216.4617 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -216.4617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 17851.7855) against the same month in 2023 (average: 18002.3512), the exchange rate shifted by -150.5656 (-0.84%).

2024 Avg (January) 17851.7855
2023 Avg (January) 18002.3512

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18065.9074 17747.7307 17851.7855
February 17814.9156 17582.4460 17754.8737
March 17850.3193 17662.5641 17751.0438
April 17763.5552 17418.6124 17646.4031
May 17901.9545 17612.1357 17772.7260
June 17895.0720 17806.7649 17851.4011
July 17878.7848 17643.5502 17793.6987
August 18006.8717 17664.8157 17807.2808
September 18041.5685 17871.9276 17956.5076
October 18036.2117 17657.8795 17821.4198
November 17692.2915 17504.5556 17604.9581
December 17644.3812 17576.5181 17616.7644