2024 ILS to IQD Historical Review

YEARLY HIGH

368.0874 IQD

YEARLY LOW

341.6311 IQD

YEARLY AVERAGE

353.9700 IQD

2024 ILS to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 368.0874. Conversely, the yearly low was recorded on August 3, dropping to 341.6311.

This high-to-low spread represents a total annual volatility of 26.4563 IQD. From a start-to-finish perspective, comparing the January average rate of 353.2180 to the December average rate of 361.4509, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 368.0874 was down 15.17% compared to the 2023 peak of 433.8917, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,840,437 IQD

2023 Average 1,848,150 IQD

Yearly Trough Low 1,708,155 IQD

Transaction Impact: A difference of 132,281.56 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

362.7850

346.7756

JanuMarcMayJulySeptNove

ILS 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 354.3900, compared to 353.5500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8400 points.

H1 Avg (Jan–Jun) 354.3900

H2 Avg (Jul–Dec) 353.5500

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 19.9784 IQD (High: 361.6095 / Low: 341.6311). On the other end, May was the most stable month, with a tight range of 8.9420 IQD (High: 357.7197 / Low: 348.7778).

August Spread (Volatile) ±19.9784

May Spread (Stable) ±8.9420

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 11.9982 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -11.9982

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 361.4509) against the same month in 2023 (average: 357.7564), the exchange rate shifted by +3.6945 (+1.03%).

2024 Avg (December) 361.4509

2023 Avg (December) 357.7564

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	364.3644	345.0479	353.2180
February	366.6801	354.4302	359.5734
March	367.3481	354.2874	360.4275
April	356.1194	343.3022	348.4293
May	357.7197	348.7778	353.7393
June	356.8270	347.6879	350.9524
July	362.5591	347.2807	356.6077
August	361.6095	341.6311	351.5131
September	361.2250	345.8357	351.2745
October	354.0952	344.4028	348.1097
November	360.4949	348.6634	352.3443
December	368.0874	355.7621	361.4509