2024 TOP to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |