2024 BBD to IQD Historical Review

YEARLY HIGH

661.0207 IQD

YEARLY LOW

649.0880 IQD

YEARLY AVERAGE

654.8689 IQD

2024 BBD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 661.0207. Conversely, the yearly low was recorded on August 3, dropping to 649.0880.

This high-to-low spread represents a total annual volatility of 11.9327 IQD. From a start-to-finish perspective, comparing the January average rate of 654.8647 to the December average rate of 654.7772, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 661.0207 was down 10.25% compared to the 2023 peak of 736.5389, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,305,103 IQD

2023 Average 3,396,751 IQD

Yearly Trough Low 3,245,440 IQD

Transaction Impact: A difference of 59,663.40 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

655.5113

653.7948

JanuMarcMayJulySeptNove

BBD 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 654.8514, compared to 654.8863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0349 points.

H1 Avg (Jan–Jun) 654.8514

H2 Avg (Jul–Dec) 654.8863

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 7.4085 IQD (High: 661.0207 / Low: 653.6122). On the other end, July was the most stable month, with a tight range of 2.4556 IQD (High: 655.5712 / Low: 653.1156).

February Spread (Volatile) ±7.4085

July Spread (Stable) ±2.4556

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 0.8341 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 655.1123) against the same month in 2023 (average: 729.8879), the exchange rate shifted by -74.7756 (-10.24%).

2024 Avg (February) 655.1123

2023 Avg (February) 729.8879

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	656.3295	652.3696	654.8647
February	661.0207	653.6122	655.1123
March	656.7076	652.0773	654.6041
April	656.6382	653.1951	654.7824
May	656.2741	651.5532	654.7071
June	659.3013	653.4247	655.0377
July	655.5712	653.1156	654.7719
August	655.9406	649.0880	653.9378
September	658.3263	653.3899	655.1491
October	657.6818	654.6947	655.3682
November	658.6467	653.7667	655.3137
December	655.9557	652.3693	654.7772