2024 BRL to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BRL to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BRL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 270.4339. Conversely, the yearly low was recorded on December 25, dropping to 194.2236.
This high-to-low spread represents a total annual volatility of 76.2103 IQD. From a start-to-finish perspective, comparing the January average rate of 266.8302 to the December average rate of 213.9890, the exchange rate registered a net change of -19.80% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 270.4339 was down 9.06% compared to the 2023 peak of 297.3705, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BRL 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 257.7789, compared to 230.2411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.5378 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 25.5178 IQD (High: 219.7415 / Low: 194.2236). On the other end, February was the most stable month, with a tight range of 4.4348 IQD (High: 266.4551 / Low: 262.0204).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 12.0751 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 266.8302) against the same month in 2023 (average: 281.4625), the exchange rate shifted by -14.6323 (-5.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 270.4339 | 262.5285 | 266.8302 |
| February | 266.4551 | 262.0204 | 263.9119 |
| March | 264.9376 | 260.3675 | 262.6856 |
| April | 261.5226 | 247.7051 | 255.5004 |
| May | 258.2553 | 249.7188 | 254.9102 |
| June | 249.5737 | 233.9787 | 242.8351 |
| July | 241.9326 | 230.7517 | 236.4128 |
| August | 242.2762 | 226.6131 | 235.4997 |
| September | 241.6702 | 231.0530 | 236.5541 |
| October | 241.3422 | 226.1387 | 233.2048 |
| November | 230.7233 | 217.7433 | 225.7861 |
| December | 219.7415 | 194.2236 | 213.9890 |