2024 AWG to IQD Historical Review

YEARLY HIGH

733.4487 IQD

YEARLY LOW

721.2089 IQD

YEARLY AVERAGE

727.2427 IQD

2024 AWG to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 733.4487. Conversely, the yearly low was recorded on August 3, dropping to 721.2089.

This high-to-low spread represents a total annual volatility of 12.2399 IQD. From a start-to-finish perspective, comparing the January average rate of 727.0902 to the December average rate of 727.4390, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 733.4487 was down 10.25% compared to the 2023 peak of 817.2414, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,667,244 IQD

2023 Average 3,772,494 IQD

Yearly Trough Low 3,606,044 IQD

Transaction Impact: A difference of 61,199.27 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

728.0472

726.1455

JanuMarcMayJulySeptNove

AWG 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 727.1273, compared to 727.3581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2308 points.

H1 Avg (Jan–Jun) 727.1273

H2 Avg (Jul–Dec) 727.3581

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 7.6140 IQD (High: 728.8229 / Low: 721.2089). On the other end, July was the most stable month, with a tight range of 3.3955 IQD (High: 728.2845 / Low: 724.8890).

August Spread (Volatile) ±7.6140

July Spread (Stable) ±3.3955

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.8394 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 727.4846) against the same month in 2023 (average: 810.5841), the exchange rate shifted by -83.0995 (-10.25%).

2024 Avg (February) 727.4846

2023 Avg (February) 810.5841

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	729.2550	724.8551	727.0902
February	733.4487	726.1115	727.4846
March	729.6751	723.5254	726.7327
April	729.5980	724.7948	727.1929
May	729.1934	722.9439	726.9319
June	731.5410	725.5236	727.3314
July	728.2845	724.8890	727.1434
August	728.8229	721.2089	726.3040
September	730.4591	725.9888	727.5059
October	730.7576	726.5381	727.8678
November	731.8296	725.4000	727.8887
December	728.6582	724.8548	727.4390