Hurricane Irene–Olivia was the first actively tracked tropical cyclone to move into the eastern Pacific Ocean from the Atlantic basin. It originated as a tropical depression on September 11, 1971, in the tropical Atlantic. The cyclone tracked nearly due westward at a low latitude, passing through the southern Windward Islands and later over northern South America. In the southwest Caribbean Sea, it intensified to a tropical storm and later a hurricane. Irene made landfall on southeastern Nicaragua on September 19, and maintained its circulation as it crossed the low-lying terrain of the country. Restrengthening after reaching the Pacific, Irene was renamed Hurricane Olivia, which ultimately attained peak winds of 115 mph (185 km/h). Olivia weakened significantly before moving ashore on the Baja California Peninsula on September 30; the next day it dissipated.

In the Atlantic, Irene produced moderate rainfall and winds along its path, although impact was greatest in Nicaragua where it moved ashore as a hurricane. A total of 96 homes were destroyed, and 1,200 people were left homeless. The rainfall resulted in widespread flooding, killing three people in Rivas. In neighboring Costa Rica, Hurricane Irene caused more than $1 million (USD) in damage to the banana crop. Later, the remnants of Hurricane Olivia produced rainfall in the southwest United States. Flooding was reported near Yuma, Arizona, which closed a major highway, and the moisture produced snowfall in higher elevations in the Rocky Mountains.