2024 AED to IQD Historical Review

YEARLY HIGH

359.9411 IQD

YEARLY LOW

353.4375 IQD

YEARLY AVERAGE

356.5936 IQD

2024 AED to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 359.9411. Conversely, the yearly low was recorded on August 3, dropping to 353.4375.

This high-to-low spread represents a total annual volatility of 6.5036 IQD. From a start-to-finish perspective, comparing the January average rate of 356.5929 to the December average rate of 356.5357, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 359.9411 was down 10.25% compared to the 2023 peak of 401.0546, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,799,705 IQD

2023 Average 1,849,678 IQD

Yearly Trough Low 1,767,188 IQD

Transaction Impact: A difference of 32,517.94 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

356.9344

356.0034

JanuMarcMayJulySeptNove

AED to IQD 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 356.5916, compared to 356.5956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 356.5916

H2 Avg (Jul–Dec) 356.5956

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 4.0401 IQD (High: 359.9411 / Low: 355.9010). On the other end, July was the most stable month, with a tight range of 1.3342 IQD (High: 356.9677 / Low: 355.6335).

February Spread (Volatile) ±4.0401

July Spread (Stable) ±1.3342

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.4514 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 356.7223) against the same month in 2023 (average: 397.4356), the exchange rate shifted by -40.7133 (-10.24%).

2024 Avg (February) 356.7223

2023 Avg (February) 397.4356

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	357.4001	355.2437	356.5929
February	359.9411	355.9010	356.7223
March	357.6352	355.0957	356.4743
April	357.5584	355.7223	356.5804
May	357.3582	354.7798	356.5012
June	358.9988	355.7989	356.6786
July	356.9677	355.6335	356.5323
August	357.1786	353.4375	356.0810
September	358.4679	355.7838	356.7395
October	358.1170	356.4933	356.8568
November	358.6423	355.9851	356.8283
December	357.1775	355.2233	356.5357