YEARLY HIGH
15633.3833 IRR
YEARLY LOW
15551.9787 IRR
YEARLY AVERAGE
15574.5572 IRR

2024 XCD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 15633.3833. Conversely, the yearly low was recorded on March 5, dropping to 15551.9787.

This high-to-low spread represents a total annual volatility of 81.4046 IRR. From a start-to-finish perspective, comparing the January average rate of 15558.9315 to the December average rate of 15608.9142, 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 15633.3833 was down 0.24% compared to the 2023 peak of 15670.3854, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,166,916 IRR
2023 Average 78,109,574 IRR
Yearly Trough Low 77,759,893 IRR
Transaction Impact: A difference of 407,023.00 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15614.2504
15550.2150
JanuMarcMayJulySeptNove

XCD 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 15565.8833, compared to 15583.2310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.3477 points.

H1 Avg (Jan–Jun) 15565.8833
H2 Avg (Jul–Dec) 15583.2310

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 79.5545 IRR (High: 15633.3833 / Low: 15553.8288). On the other end, August was the most stable month, with a tight range of 4.6253 IRR (High: 15579.7303 / Low: 15575.1050).

April Spread (Volatile) ±79.5545
August Spread (Stable) ±4.6253

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 3.4157 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.4157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 15567.8896) against the same month in 2023 (average: 15636.4668), the exchange rate shifted by -68.5772 (-0.44%).

2024 Avg (April) 15567.8896
2023 Avg (April) 15636.4668

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15579.7303 15554.7538 15558.9315
February 15579.7303 15551.9787 15555.5513
March 15562.4626 15551.9787 15556.1364
April 15633.3833 15553.8288 15567.8896
May 15633.3833 15564.0044 15574.1501
June 15633.3833 15573.2549 15582.6411
July 15633.3833 15573.2549 15579.3722
August 15579.7303 15575.1050 15577.3430
September 15633.3833 15575.1050 15579.7611
October 15633.3833 15573.2549 15578.7057
November 15579.7303 15568.6296 15575.2900
December 15633.3833 15573.2549 15608.9142