2024 BAM to IQD Historical Review

YEARLY HIGH

753.0696 IQD

YEARLY LOW

694.9949 IQD

YEARLY AVERAGE

724.7521 IQD

2024 BAM to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 753.0696. Conversely, the yearly low was recorded on December 20, dropping to 694.9949.

This high-to-low spread represents a total annual volatility of 58.0746 IQD. From a start-to-finish perspective, comparing the January average rate of 730.9014 to the December average rate of 701.7278, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 753.0696 was down 9.43% compared to the 2023 peak of 831.4581, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,765,348 IQD

2023 Average 3,757,886 IQD

Yearly Trough Low 3,474,975 IQD

Transaction Impact: A difference of 290,373.23 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

748.6832

697.4592

JanuMarcMayJulySeptNove

BAM 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 724.1815, compared to 725.3227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1412 points.

H1 Avg (Jan–Jun) 724.1815

H2 Avg (Jul–Dec) 725.3227

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 33.0043 IQD (High: 730.8141 / Low: 697.8098). On the other end, March was the most stable month, with a tight range of 10.7563 IQD (High: 733.1325 / Low: 722.3762).

November Spread (Volatile) ±33.0043

March Spread (Stable) ±10.7563

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 17.6902 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -17.6902

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 744.4145) against the same month in 2023 (average: 716.0906), the exchange rate shifted by +28.3240 (+3.96%).

2024 Avg (September) 744.4145

2023 Avg (September) 716.0906

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	741.3322	725.0720	730.9014
February	729.0120	717.3011	723.3989
March	733.1325	722.3762	727.5831
April	728.0514	711.2103	718.6826
May	728.6530	714.6584	723.5464
June	734.2221	715.4102	720.9764
July	732.3039	717.8655	726.5537
August	748.2664	718.7726	736.2069
September	753.0696	738.1338	744.4145
October	742.8535	721.9535	730.3617
November	730.8141	697.8098	712.6715
December	709.1375	694.9949	701.7278