2024 BND to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BND to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BND to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 1022.6050. Conversely, the yearly low was recorded on April 20, dropping to 959.5021.
This high-to-low spread represents a total annual volatility of 63.1030 IQD. From a start-to-finish perspective, comparing the January average rate of 981.0593 to the December average rate of 970.0605, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 1022.6050 was down 8.50% compared to the 2023 peak of 1117.6358, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BND to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 972.6393, compared to 988.1552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.5159 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 29.9685 IQD (High: 1005.5016 / Low: 975.5330). On the other end, February was the most stable month, with a tight range of 12.5980 IQD (High: 983.1394 / Low: 970.5414).
Growth Streaks & Declines
TrendsBetween 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 19.5353 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 1010.7191) against the same month in 2023 (average: 961.2529), the exchange rate shifted by +49.4662 (+5.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 992.1290 | 974.6926 | 981.0593 |
| February | 983.1394 | 970.5414 | 974.4032 |
| March | 984.9476 | 969.4136 | 976.6528 |
| April | 973.3964 | 959.5021 | 965.6724 |
| May | 974.4628 | 959.8465 | 969.0439 |
| June | 980.1317 | 965.5716 | 969.0039 |
| July | 977.2074 | 964.0879 | 972.7416 |
| August | 1005.5016 | 975.5330 | 994.1286 |
| September | 1022.6050 | 1000.2908 | 1010.7191 |
| October | 1017.7764 | 988.2740 | 1000.4083 |
| November | 995.3252 | 971.1443 | 980.8730 |
| December | 978.2470 | 961.0672 | 970.0605 |