YEARLY HIGH
15089.2857 IRR
YEARLY LOW
15010.7143 IRR
YEARLY AVERAGE
15032.5070 IRR

2024 WST to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 15089.2857. Conversely, the yearly low was recorded on March 5, dropping to 15010.7143.

This high-to-low spread represents a total annual volatility of 78.5714 IRR. From a start-to-finish perspective, comparing the January average rate of 15017.4251 to the December average rate of 15065.6682, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 15089.2857 was down 3.89% compared to the 2023 peak of 15699.4310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 75,446,429 IRR
2023 Average 77,280,427 IRR
Yearly Trough Low 75,053,571 IRR
Transaction Impact: A difference of 392,857.14 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15070.8188
15009.0120
JanuMarcMayJulySeptNove

WST 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 15024.1350, compared to 15040.8789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.7439 points.

H1 Avg (Jan–Jun) 15024.1350
H2 Avg (Jul–Dec) 15040.8789

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 76.7857 IRR (High: 15089.2857 / Low: 15012.5000). On the other end, August was the most stable month, with a tight range of 4.4643 IRR (High: 15037.5000 / Low: 15033.0357).

April Spread (Volatile) ±76.7857
August Spread (Stable) ±4.4643

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.2969 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.2969

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 15026.0714) against the same month in 2023 (average: 15504.7435), the exchange rate shifted by -478.6720 (-3.09%).

2024 Avg (April) 15026.0714
2023 Avg (April) 15504.7435

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15037.5000 15013.3929 15017.4251
February 15037.5000 15010.7143 15014.1626
March 15020.8333 15010.7143 15014.7273
April 15089.2857 15012.5000 15026.0714
May 15089.2857 15022.3214 15032.1141
June 15089.2857 15031.2500 15040.3095
July 15089.2857 15031.2500 15037.1544
August 15037.5000 15033.0357 15035.1959
September 15089.2857 15033.0357 15037.5298
October 15089.2857 15031.2500 15036.5111
November 15037.5000 15026.7857 15033.2143
December 15089.2857 15031.2500 15065.6682