2024 BTN to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BTN to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BTN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 15.8606. Conversely, the yearly low was recorded on December 31, dropping to 15.3028.
This high-to-low spread represents a total annual volatility of 0.5577 IQD. From a start-to-finish perspective, comparing the January average rate of 15.7607 to the December average rate of 15.4158, the exchange rate registered a net change of -2.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 15.8606 was down 12.36% compared to the 2023 peak of 18.0981, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BTN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BTN 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 15.7405, compared to 15.5754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1651 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 0.2161 IQD (High: 15.8097 / Low: 15.5936). On the other end, February was the most stable month, with a tight range of 0.0587 IQD (High: 15.8164 / Low: 15.7577).
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 November and December, when the average rate fell by 0.1234 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 15.7784) against the same month in 2023 (average: 17.7307), the exchange rate shifted by -1.9523 (-11.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.8097 | 15.5936 | 15.7607 |
| February | 15.8164 | 15.7577 | 15.7881 |
| March | 15.8606 | 15.6640 | 15.7784 |
| April | 15.7609 | 15.6571 | 15.7123 |
| May | 15.7923 | 15.6103 | 15.7097 |
| June | 15.8061 | 15.6463 | 15.6939 |
| July | 15.7065 | 15.6445 | 15.6704 |
| August | 15.6732 | 15.4878 | 15.6032 |
| September | 15.7411 | 15.5896 | 15.6340 |
| October | 15.6347 | 15.5673 | 15.5898 |
| November | 15.6055 | 15.4772 | 15.5393 |
| December | 15.4933 | 15.3028 | 15.4158 |