2024 TWD to IRR Historical Review

YEARLY HIGH

1372.2314 IRR

YEARLY LOW

1281.1774 IRR

YEARLY AVERAGE

1311.6274 IRR

2024 TWD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1372.2314. Conversely, the yearly low was recorded on July 29, dropping to 1281.1774.

This high-to-low spread represents a total annual volatility of 91.0540 IRR. From a start-to-finish perspective, comparing the January average rate of 1348.1471 to the December average rate of 1295.0138, the exchange rate registered a net change of -3.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1372.2314 was down 3.38% compared to the 2023 peak of 1420.2060, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,861,157 IRR

2023 Average 6,780,347 IRR

Yearly Trough Low 6,405,887 IRR

Transaction Impact: A difference of 455,269.86 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1353.9294

1284.5425

JanuMarcMayJulySeptNove

TWD 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 1319.5036, compared to 1303.7511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.7525 points.

H1 Avg (Jan–Jun) 1319.5036

H2 Avg (Jul–Dec) 1303.7511

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 41.3525 IRR (High: 1324.9343 / Low: 1283.5819). On the other end, December was the most stable month, with a tight range of 16.3612 IRR (High: 1303.3330 / Low: 1286.9719).

August Spread (Volatile) ±41.3525

December Spread (Stable) ±16.3612

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 26.3152 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -26.3152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1348.1471) against the same month in 2023 (average: 1379.9094), the exchange rate shifted by -31.7623 (-2.30%).

2024 Avg (January) 1348.1471

2023 Avg (January) 1379.9094

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1372.2314	1332.1133	1348.1471
February	1346.4126	1327.8158	1337.7528
March	1339.7979	1313.4789	1327.0676
April	1315.2258	1288.5888	1300.7524
May	1313.2753	1293.2399	1303.2396
June	1307.9206	1291.1702	1300.0621
July	1298.6763	1281.1774	1290.3247
August	1324.9343	1283.5819	1306.0305
September	1332.8585	1308.3175	1317.7660
October	1320.4330	1303.1973	1311.7482
November	1322.1127	1291.3988	1301.6236
December	1303.3330	1286.9719	1295.0138