YEARLY HIGH
169.1209 IRR
YEARLY LOW
167.8514 IRR
YEARLY AVERAGE
168.1770 IRR

2024 YER to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 169.1209. Conversely, the yearly low was recorded on March 5, dropping to 167.8514.

This high-to-low spread represents a total annual volatility of 1.2694 IRR. From a start-to-finish perspective, comparing the January average rate of 167.9642 to the December average rate of 168.6883, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 169.1209 was down 0.07% compared to the 2023 peak of 169.2354, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 845,604 IRR
2023 Average 843,302 IRR
Yearly Trough Low 839,257 IRR
Transaction Impact: A difference of 6,347.23 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

168.7648
167.8466
JanuMarcMayJulySeptNove

YER 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 168.0480, compared to 168.3061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2581 points.

H1 Avg (Jan–Jun) 168.0480
H2 Avg (Jul–Dec) 168.3061

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1.0457 IRR (High: 168.9139 / Low: 167.8682). On the other end, March was the most stable month, with a tight range of 0.1466 IRR (High: 167.9981 / Low: 167.8514).

February Spread (Volatile) ±1.0457
March Spread (Stable) ±0.1466

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0382 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 168.6883) against the same month in 2023 (average: 168.7672), the exchange rate shifted by -0.0789 (-0.05%).

2024 Avg (December) 168.6883
2023 Avg (December) 168.7672

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 168.2652 167.8814 167.9642
February 168.9139 167.8682 167.9613
March 167.9981 167.8514 167.9231
April 168.8059 167.8714 168.0436
May 168.7950 167.9812 168.1932
June 168.7941 168.0811 168.2023
July 168.7974 168.0979 168.1827
August 168.4880 168.1010 168.1647
September 168.8123 168.1346 168.1977
October 168.8137 168.0979 168.1769
November 168.5717 168.1346 168.4262
December 169.1209 168.0810 168.6883