2024 IQD to AFN Historical Review

YEARLY HIGH

0.0574 AFN

YEARLY LOW

0.0497 AFN

YEARLY AVERAGE

0.0538 AFN

2024 IQD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0574. Conversely, the yearly low was recorded on October 17, dropping to 0.0497.

This high-to-low spread represents a total annual volatility of 0.0078 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0546 to the December average rate of 0.0530, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0574 was down 15.32% compared to the 2023 peak of 0.0678, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 287 AFN

2023 Average 304 AFN

Yearly Trough Low 248 AFN

Transaction Impact: A difference of 38.76 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0563

0.0507

JanuMarcMayJulySeptNove

IQD to AFN 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 0.0548, compared to 0.0528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0548

H2 Avg (Jul–Dec) 0.0528

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0034 AFN (High: 0.0568 / Low: 0.0534). On the other end, July was the most stable month, with a tight range of 0.0008 AFN (High: 0.0543 / Low: 0.0535).

January Spread (Volatile) ±0.0034

July Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0558) against the same month in 2023 (average: 0.0614), the exchange rate shifted by -0.0056 (-9.07%).

2024 Avg (February) 0.0558

2023 Avg (February) 0.0614

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0568	0.0534	0.0546
February	0.0574	0.0551	0.0558
March	0.0557	0.0544	0.0551
April	0.0552	0.0543	0.0548
May	0.0552	0.0538	0.0547
June	0.0548	0.0532	0.0538
July	0.0543	0.0535	0.0540
August	0.0545	0.0535	0.0541
September	0.0542	0.0519	0.0530
October	0.0525	0.0497	0.0512
November	0.0520	0.0511	0.0516
December	0.0538	0.0515	0.0530