Really? I did not know this!
I'm not saying that the above info is wrong, I do however find it surprising that it would degrade over 24hrs, i've used half a litre one weekend then used the other half litre 1-2 weeks later, and never had an infection, but this doesn't necessarily mean that the sanitiser is working. I usually mx up 1.2mL a litre because of slight paranoia, and i don't trust the volume markings on any plastic bottle anymore.
As for it going clear, i left some in a bowl that was sanitising some bottle caps, i forgot to clean it up for about a month and it is still brown, it is a little lighter though. Is the colour change an accurate indicator of its effectiveness?
As i said, i'm not saying th above info is wrong, i will be now making up my iodophor as i need it, rather than storing it. Its so cheap anyway, i bought a bottle nearly 6months ago and i don't think that i'd even be a quarter of the way through!