YEARLY HIGH
0.0740 ALL
YEARLY LOW
0.0674 ALL
YEARLY AVERAGE
0.0711 ALL

2024 IQD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0740. Conversely, the yearly low was recorded on September 30, dropping to 0.0674.

This high-to-low spread represents a total annual volatility of 0.0066 ALL. From a start-to-finish perspective, comparing the January average rate of 0.0727 to the December average rate of 0.0717, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0740 was down 7.49% compared to the 2023 peak of 0.0800, 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 370 ALL
2023 Average 370 ALL
Yearly Trough Low 337 ALL
Transaction Impact: A difference of 33.02 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0739
0.0678
JanuMarcMayJulySeptNove

IQD to ALL 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 0.0722, compared to 0.0699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0722
H2 Avg (Jul–Dec) 0.0699

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0033 ALL (High: 0.0719 / Low: 0.0686). On the other end, February was the most stable month, with a tight range of 0.0010 ALL (High: 0.0740 / Low: 0.0730).

November Spread (Volatile) ±0.0033
February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0734) against the same month in 2023 (average: 0.0740), the exchange rate shifted by -0.0006 (-0.80%).

2024 Avg (February) 0.0734
2023 Avg (February) 0.0740

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0733 0.0715 0.0727
February 0.0740 0.0730 0.0734
March 0.0733 0.0718 0.0727
April 0.0731 0.0716 0.0723
May 0.0717 0.0705 0.0710
June 0.0718 0.0703 0.0712
July 0.0714 0.0700 0.0706
August 0.0709 0.0683 0.0694
September 0.0690 0.0674 0.0683
October 0.0698 0.0679 0.0691
November 0.0719 0.0686 0.0704
December 0.0724 0.0709 0.0717