2024 BHD to IQD Historical Review

YEARLY HIGH

3498.6497 IQD

YEARLY LOW

3447.1224 IQD

YEARLY AVERAGE

3475.5430 IQD

2024 BHD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 3498.6497. Conversely, the yearly low was recorded on August 3, dropping to 3447.1224.

This high-to-low spread represents a total annual volatility of 51.5273 IQD. From a start-to-finish perspective, comparing the January average rate of 3474.8850 to the December average rate of 3473.9826, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3498.6497 was down 10.75% compared to the 2023 peak of 3920.1787, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,493,249 IQD

2023 Average 18,028,109 IQD

Yearly Trough Low 17,235,612 IQD

Transaction Impact: A difference of 257,636.59 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3478.3298

3471.9693

JanuMarcMayJulySeptNove

BHD 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 3475.2693, compared to 3475.8168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5475 points.

H1 Avg (Jan–Jun) 3475.2693

H2 Avg (Jul–Dec) 3475.8168

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 38.4655 IQD (High: 3485.5879 / Low: 3447.1224). On the other end, July was the most stable month, with a tight range of 9.6219 IQD (High: 3478.1337 / Low: 3468.5117).

August Spread (Volatile) ±38.4655

July Spread (Stable) ±9.6219

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 3.7433 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.7433

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 3476.5906) against the same month in 2023 (average: 3476.3218), the exchange rate shifted by +0.2689 (+0.01%).

2024 Avg (June) 3476.5906

2023 Avg (June) 3476.3218

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3480.3997	3461.0394	3474.8850
February	3488.9263	3468.5794	3476.3041
March	3484.9597	3460.3017	3474.6152
April	3486.4879	3458.8919	3474.0287
May	3482.0978	3463.7738	3475.1921
June	3498.6497	3470.4883	3476.5906
July	3478.1337	3468.5117	3475.1450
August	3485.5879	3447.1224	3472.4993
September	3494.4492	3467.4276	3477.7998
October	3491.8996	3473.6973	3477.7479
November	3496.5303	3469.4516	3477.7260
December	3481.1727	3462.1034	3473.9826