2024 BZD to IQD Historical Review

YEARLY HIGH

654.2245 IQD

YEARLY LOW

644.3721 IQD

YEARLY AVERAGE

649.9486 IQD

2024 BZD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 654.2245. Conversely, the yearly low was recorded on August 3, dropping to 644.3721.

This high-to-low spread represents a total annual volatility of 9.8524 IQD. From a start-to-finish perspective, comparing the January average rate of 649.8695 to the December average rate of 650.8235, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 654.2245 was down 10.93% compared to the 2023 peak of 734.4923, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,271,123 IQD

2023 Average 3,372,129 IQD

Yearly Trough Low 3,221,861 IQD

Transaction Impact: A difference of 49,261.87 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

650.9642

649.2756

JanuMarcMayJulySeptNove

BZD 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 649.8987, compared to 649.9985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0998 points.

H1 Avg (Jan–Jun) 649.8987

H2 Avg (Jul–Dec) 649.9985

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 6.7030 IQD (High: 651.0751 / Low: 644.3721). On the other end, April was the most stable month, with a tight range of 0.6292 IQD (High: 650.2235 / Low: 649.5942).

August Spread (Volatile) ±6.7030

April Spread (Stable) ±0.6292

Growth Streaks & Declines

Trends

Between October and December, 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 0.4755 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4755

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 649.9127) against the same month in 2023 (average: 649.8288), the exchange rate shifted by +0.0839 (+0.01%).

2024 Avg (June) 649.9127

2023 Avg (June) 649.8288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	650.3763	647.3462	649.8695
February	651.0786	649.4778	649.9008
March	650.5425	648.0702	649.8908
April	650.2235	649.5942	649.9450
May	651.6949	646.5370	649.8736
June	654.2245	648.4706	649.9127
July	650.8514	649.0631	649.8918
August	651.0751	644.3721	649.4163
September	653.1442	648.6836	649.9421
October	650.1602	649.2698	649.8418
November	653.2045	649.1698	650.0757
December	653.2127	649.6919	650.8235