2024 FJD to IQD Historical Review

YEARLY HIGH

600.0916 IQD

YEARLY LOW

563.0831 IQD

YEARLY AVERAGE

582.3010 IQD

2024 FJD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 600.0916. Conversely, the yearly low was recorded on December 31, dropping to 563.0831.

This high-to-low spread represents a total annual volatility of 37.0085 IQD. From a start-to-finish perspective, comparing the January average rate of 586.4488 to the December average rate of 567.6179, the exchange rate registered a net change of -3.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 600.0916 was down 11.54% compared to the 2023 peak of 678.4072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,000,458 IQD

2023 Average 3,048,901 IQD

Yearly Trough Low 2,815,416 IQD

Transaction Impact: A difference of 185,042.42 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

596.0574

565.0325

JanuMarcMayJulySeptNove

FJD 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 581.9094, compared to 582.6926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7832 points.

H1 Avg (Jan–Jun) 581.9094

H2 Avg (Jul–Dec) 582.6926

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 23.0009 IQD (High: 597.4639 / Low: 574.4630). On the other end, June was the most stable month, with a tight range of 9.6766 IQD (High: 587.7721 / Low: 578.0955).

October Spread (Volatile) ±23.0009

June Spread (Stable) ±9.6766

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 November and December, when the average rate fell by 10.6602 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -10.6602

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 593.4720) against the same month in 2023 (average: 576.6434), the exchange rate shifted by +16.8286 (+2.92%).

2024 Avg (September) 593.4720

2023 Avg (September) 576.6434

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	598.0360	577.9298	586.4488
February	587.6392	574.7683	582.5329
March	588.0505	573.9359	581.4752
April	585.2886	570.8531	577.8302
May	588.1317	571.8206	580.4076
June	587.7721	578.0955	582.7617
July	589.8010	577.5974	583.6106
August	595.6780	575.7133	586.3409
September	600.0916	584.2738	593.4720
October	597.4639	574.4630	586.8360
November	588.5503	570.3385	578.2781
December	577.7376	563.0831	567.6179