2024 BDT to IQD Historical Review

YEARLY HIGH

11.9575 IQD

YEARLY LOW

10.9416 IQD

YEARLY AVERAGE

11.3632 IQD

2024 BDT to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 11.9575. Conversely, the yearly low was recorded on September 21, dropping to 10.9416.

This high-to-low spread represents a total annual volatility of 1.0160 IQD. From a start-to-finish perspective, comparing the January average rate of 11.9358 to the December average rate of 10.9617, the exchange rate registered a net change of -8.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.9575 was down 15.51% compared to the 2023 peak of 14.1528, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,788 IQD

2023 Average 62,954 IQD

Yearly Trough Low 54,708 IQD

Transaction Impact: A difference of 5,079.91 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.0337

10.8637

JanuMarcMayJulySeptNove

BDT 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 11.7155, compared to 11.0109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7047 points.

H1 Avg (Jan–Jun) 11.7155

H2 Avg (Jul–Dec) 11.0109

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.8132 IQD (High: 11.9422 / Low: 11.1290). On the other end, December was the most stable month, with a tight range of 0.0081 IQD (High: 10.9667 / Low: 10.9586).

May Spread (Volatile) ±0.8132

December Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.5382 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.5382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 11.9361) against the same month in 2023 (average: 13.7314), the exchange rate shifted by -1.7952 (-13.07%).

2024 Avg (February) 11.9361

2023 Avg (February) 13.7314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.9447	11.8898	11.9358
February	11.9575	11.9285	11.9361
March	11.9478	11.9019	11.9359
April	11.9425	11.9122	11.9362
May	11.9422	11.1290	11.3980
June	11.2283	11.1226	11.1512
July	11.1552	11.1166	11.1475
August	11.1692	10.9448	11.0659
September	11.0169	10.9416	10.9630
October	10.9658	10.9514	10.9612
November	11.0181	10.9501	10.9658
December	10.9667	10.9586	10.9617