2024 AZN to IQD Historical Review

YEARLY HIGH

777.6714 IQD

YEARLY LOW

763.6329 IQD

YEARLY AVERAGE

770.3870 IQD

2024 AZN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 777.6714. Conversely, the yearly low was recorded on August 3, dropping to 763.6329.

This high-to-low spread represents a total annual volatility of 14.0384 IQD. From a start-to-finish perspective, comparing the January average rate of 770.2722 to the December average rate of 770.3261, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 777.6714 was down 10.25% compared to the 2023 peak of 866.5163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,888,357 IQD

2023 Average 3,995,967 IQD

Yearly Trough Low 3,818,165 IQD

Transaction Impact: A difference of 70,192.23 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

771.1897

769.1703

JanuMarcMayJulySeptNove

AZN 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 770.3196, compared to 770.4545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1349 points.

H1 Avg (Jan–Jun) 770.3196

H2 Avg (Jul–Dec) 770.4545

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 8.7159 IQD (High: 777.6714 / Low: 768.9555). On the other end, July was the most stable month, with a tight range of 2.8890 IQD (High: 771.2602 / Low: 768.3712).

February Spread (Volatile) ±8.7159

July Spread (Stable) ±2.8890

Growth Streaks & Declines

Trends

Between March and June, 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 0.9812 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9812

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 770.7204) against the same month in 2023 (average: 858.6916), the exchange rate shifted by -87.9713 (-10.24%).

2024 Avg (February) 770.7204

2023 Avg (February) 858.6916

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	772.1524	765.0706	770.2722
February	777.6714	768.9555	770.7204
March	772.5971	764.7677	769.8815
April	772.5155	766.2875	770.1672
May	772.0872	766.5332	770.2437
June	775.6486	768.7350	770.6326
July	771.2602	768.3712	770.3198
August	771.6948	763.6329	769.3386
September	774.5015	768.6940	770.7637
October	773.7433	770.2290	771.0214
November	774.8784	769.1373	770.9573
December	771.7126	767.4933	770.3261