2024 AFN to IQD Historical Review

YEARLY HIGH

20.1232 IQD

YEARLY LOW

17.4079 IQD

YEARLY AVERAGE

18.5883 IQD

2024 AFN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 20.1232. Conversely, the yearly low was recorded on February 3, dropping to 17.4079.

This high-to-low spread represents a total annual volatility of 2.7153 IQD. From a start-to-finish perspective, comparing the January average rate of 18.3140 to the December average rate of 18.8671, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.1232 was up 6.08% compared to the 2023 peak of 18.9699, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100,616 IQD

2023 Average 82,541 IQD

Yearly Trough Low 87,039 IQD

Transaction Impact: A difference of 13,576.71 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.7066

17.7447

JanuMarcMayJulySeptNove

AFN 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 18.2415, compared to 18.9351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6935 points.

H1 Avg (Jan–Jun) 18.2415

H2 Avg (Jul–Dec) 18.9351

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.1266 IQD (High: 18.7319 / Low: 17.6053). On the other end, July was the most stable month, with a tight range of 0.2607 IQD (High: 18.6770 / Low: 18.4163).

January Spread (Volatile) ±1.1266

July Spread (Stable) ±0.2607

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 November and December, when the average rate fell by 0.4988 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4988

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 19.5431) against the same month in 2023 (average: 17.3359), the exchange rate shifted by +2.2072 (+12.73%).

2024 Avg (October) 19.5431

2023 Avg (October) 17.3359

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.7319	17.6053	18.3140
February	18.1450	17.4079	17.9082
March	18.3973	17.9436	18.1383
April	18.4123	18.1258	18.2430
May	18.5816	18.1049	18.2700
June	18.8090	18.2452	18.5755
July	18.6770	18.4163	18.5065
August	18.7078	18.3580	18.4734
September	19.2647	18.4507	18.8544
October	20.1232	19.0621	19.5431
November	19.5751	19.2402	19.3659
December	19.4286	18.5956	18.8671