2024 BWP to IQD Historical Review

YEARLY HIGH

100.6253 IQD

YEARLY LOW

92.2289 IQD

YEARLY AVERAGE

96.6143 IQD

2024 BWP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 100.6253. Conversely, the yearly low was recorded on May 1, dropping to 92.2289.

This high-to-low spread represents a total annual volatility of 8.3964 IQD. From a start-to-finish perspective, comparing the January average rate of 96.4452 to the December average rate of 95.4858, the exchange rate registered a net change of -0.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 100.6253 was down 12.68% compared to the 2023 peak of 115.2415, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 503,126 IQD

2023 Average 509,330 IQD

Yearly Trough Low 461,144 IQD

Transaction Impact: A difference of 41,981.96 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

99.3239

94.8702

JanuMarcMayJulySeptNove

BWP 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 95.9173, compared to 97.3113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3939 points.

H1 Avg (Jan–Jun) 95.9173

H2 Avg (Jul–Dec) 97.3113

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 4.9562 IQD (High: 97.1851 / Low: 92.2289). On the other end, July was the most stable month, with a tight range of 1.5603 IQD (High: 97.3221 / Low: 95.7618).

May Spread (Volatile) ±4.9562

July Spread (Stable) ±1.5603

Growth Streaks & Declines

Trends

Between 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 1.6618 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 98.9528) against the same month in 2023 (average: 95.9610), the exchange rate shifted by +2.9917 (+3.12%).

2024 Avg (September) 98.9528

2023 Avg (September) 95.9610

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	98.0422	95.5275	96.4452
February	96.7432	94.9042	95.5817
March	96.8187	94.8334	95.8323
April	96.6149	92.2753	95.2414
May	97.1851	92.2289	96.2637
June	97.2538	95.1633	96.1398
July	97.3221	95.7618	96.6616
August	98.8356	95.9862	97.5084
September	100.6253	97.7102	98.9528
October	100.3854	97.5502	98.4604
November	98.7694	95.4816	96.7986
December	96.9997	93.7972	95.4858