2024 BMD to IQD Historical Review

YEARLY HIGH

1322.0413 IQD

YEARLY LOW

1298.1760 IQD

YEARLY AVERAGE

1309.7377 IQD

2024 BMD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1322.0413. Conversely, the yearly low was recorded on August 3, dropping to 1298.1760.

This high-to-low spread represents a total annual volatility of 23.8654 IQD. From a start-to-finish perspective, comparing the January average rate of 1309.7294 to the December average rate of 1309.5544, 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 1322.0413 was down 10.25% compared to the 2023 peak of 1473.0777, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,610,207 IQD

2023 Average 6,793,503 IQD

Yearly Trough Low 6,490,880 IQD

Transaction Impact: A difference of 119,326.80 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1311.0225

1307.5895

JanuMarcMayJulySeptNove

BMD 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 1309.7028, compared to 1309.7726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0699 points.

H1 Avg (Jan–Jun) 1309.7028

H2 Avg (Jul–Dec) 1309.7726

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 14.8170 IQD (High: 1322.0413 / Low: 1307.2243). On the other end, July was the most stable month, with a tight range of 4.9113 IQD (High: 1311.1424 / Low: 1306.2311).

February Spread (Volatile) ±14.8170

July Spread (Stable) ±4.9113

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 1.6681 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1310.2246) against the same month in 2023 (average: 1459.7757), the exchange rate shifted by -149.5511 (-10.24%).

2024 Avg (February) 1310.2246

2023 Avg (February) 1459.7757

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1312.6591	1304.7392	1309.7294
February	1322.0413	1307.2243	1310.2246
March	1313.4151	1304.1545	1309.2083
April	1313.2763	1306.3902	1309.5649
May	1312.5482	1303.1064	1309.4142
June	1318.6026	1306.8494	1310.0755
July	1311.1424	1306.2311	1309.5437
August	1311.8812	1298.1760	1307.8756
September	1316.6525	1306.7798	1310.2983
October	1315.3637	1309.3894	1310.7364
November	1317.2933	1307.5334	1310.6275
December	1311.9114	1304.7387	1309.5544