YEARLY HIGH
0.4928 IQD
YEARLY LOW
0.4515 IQD
YEARLY AVERAGE
0.4654 IQD

2024 CDF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.4928. Conversely, the yearly low was recorded on August 3, dropping to 0.4515.

This high-to-low spread represents a total annual volatility of 0.0413 IQD. From a start-to-finish perspective, comparing the January average rate of 0.4812 to the December average rate of 0.4588, the exchange rate registered a net change of -4.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4928 was down 31.60% compared to the 2023 peak of 0.7205, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,464 IQD
2023 Average 2,948 IQD
Yearly Trough Low 2,258 IQD
Transaction Impact: A difference of 206.33 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4835
0.4558
JanuMarcMayJulySeptNove

CDF 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 0.4714, compared to 0.4593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0122 points.

H1 Avg (Jan–Jun) 0.4714
H2 Avg (Jul–Dec) 0.4593

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0165 IQD (High: 0.4928 / Low: 0.4763). On the other end, November was the most stable month, with a tight range of 0.0041 IQD (High: 0.4604 / Low: 0.4563).

January Spread (Volatile) ±0.0165
November Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0059 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4812) against the same month in 2023 (average: 0.7125), the exchange rate shifted by -0.2313 (-32.46%).

2024 Avg (January) 0.4812
2023 Avg (January) 0.7125

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4928 0.4763 0.4812
February 0.4792 0.4729 0.4754
March 0.4731 0.4687 0.4719
April 0.4710 0.4645 0.4691
May 0.4704 0.4636 0.4684
June 0.4683 0.4596 0.4626
July 0.4633 0.4562 0.4605
August 0.4645 0.4515 0.4591
September 0.4620 0.4572 0.4600
October 0.4617 0.4552 0.4591
November 0.4604 0.4563 0.4582
December 0.4605 0.4555 0.4588