2024 CVE to IQD Historical Review

YEARLY HIGH

13.3112 IQD

YEARLY LOW

12.3272 IQD

YEARLY AVERAGE

12.8425 IQD

2024 CVE to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 13.3112. Conversely, the yearly low was recorded on December 20, dropping to 12.3272.

This high-to-low spread represents a total annual volatility of 0.9840 IQD. From a start-to-finish perspective, comparing the January average rate of 12.9502 to the December average rate of 12.4440, the exchange rate registered a net change of -3.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.3112 was down 9.47% compared to the 2023 peak of 14.7039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,556 IQD

2023 Average 66,556 IQD

Yearly Trough Low 61,636 IQD

Transaction Impact: A difference of 4,919.86 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.2583

12.3700

JanuMarcMayJulySeptNove

CVE 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 12.8322, compared to 12.8528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 12.8322

H2 Avg (Jul–Dec) 12.8528

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.5855 IQD (High: 13.2445 / Low: 12.6590). On the other end, February was the most stable month, with a tight range of 0.2166 IQD (High: 12.9307 / Low: 12.7141).

August Spread (Volatile) ±0.5855

February Spread (Stable) ±0.2166

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 0.3070 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 13.1842) against the same month in 2023 (average: 12.6808), the exchange rate shifted by +0.5034 (+3.97%).

2024 Avg (September) 13.1842

2023 Avg (September) 12.6808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.1492	12.8581	12.9502
February	12.9307	12.7141	12.8110
March	13.0038	12.7867	12.8921
April	12.8929	12.6113	12.7485
May	12.9243	12.6056	12.8173
June	12.9784	12.6680	12.7740
July	12.9891	12.7074	12.8770
August	13.2445	12.6590	13.0379
September	13.3112	13.0896	13.1842
October	13.1616	12.7974	12.9403
November	12.9420	12.3662	12.6333
December	12.5779	12.3272	12.4440