2024 CHF to IQD Historical Review

YEARLY HIGH

1559.1349 IQD

YEARLY LOW

1424.8111 IQD

YEARLY AVERAGE

1488.1056 IQD

2024 CHF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1559.1349. Conversely, the yearly low was recorded on April 30, dropping to 1424.8111.

This high-to-low spread represents a total annual volatility of 134.3238 IQD. From a start-to-finish perspective, comparing the January average rate of 1526.2755 to the December average rate of 1468.2990, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1559.1349 was down 5.12% compared to the 2023 peak of 1643.2643, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,795,675 IQD

2023 Average 7,559,501 IQD

Yearly Trough Low 7,124,056 IQD

Transaction Impact: A difference of 671,618.90 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1557.7681

1428.1623

JanuMarcMayJulySeptNove

CHF 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 1472.9793, compared to 1503.2320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.2527 points.

H1 Avg (Jan–Jun) 1472.9793

H2 Avg (Jul–Dec) 1503.2320

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 57.4374 IQD (High: 1556.5849 / Low: 1499.1475). On the other end, September was the most stable month, with a tight range of 21.1069 IQD (High: 1557.2547 / Low: 1536.1477).

August Spread (Volatile) ±57.4374

September Spread (Stable) ±21.1069

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 34.1876 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -34.1876

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1526.2755) against the same month in 2023 (average: 1579.7551), the exchange rate shifted by -53.4796 (-3.39%).

2024 Avg (January) 1526.2755

2023 Avg (January) 1579.7551

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1559.1349	1506.1085	1526.2755
February	1527.4510	1476.0826	1494.1869
March	1493.4172	1446.0417	1473.1503
April	1452.8076	1424.8111	1438.9627
May	1454.3149	1428.1256	1440.4518
June	1481.6639	1450.1090	1464.8483
July	1491.2647	1449.4509	1468.5444
August	1556.5849	1499.1475	1525.3251
September	1557.2547	1536.1477	1546.9676
October	1547.2973	1510.7649	1521.7821
November	1519.0410	1466.2117	1488.4737
December	1493.4406	1443.3822	1468.2990