2024 IQD to ARS Historical Review

YEARLY HIGH

0.7875 ARS

YEARLY LOW

0.6177 ARS

YEARLY AVERAGE

0.6986 ARS

2024 IQD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.7875. Conversely, the yearly low was recorded on January 1, dropping to 0.6177.

This high-to-low spread represents a total annual volatility of 0.1698 ARS. From a start-to-finish perspective, comparing the January average rate of 0.6243 to the December average rate of 0.7788, the exchange rate registered a net change of 24.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7875 was up 27.35% compared to the 2023 peak of 0.6184, 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 3,938 ARS

2023 Average 1,105 ARS

Yearly Trough Low 3,089 ARS

Transaction Impact: A difference of 848.89 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7942

0.6089

JanuMarcMayJulySeptNove

IQD to ARS 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 0.6565, compared to 0.7408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0842 points.

H1 Avg (Jan–Jun) 0.6565

H2 Avg (Jul–Dec) 0.7408

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0196 ARS (High: 0.7727 / Low: 0.7531). On the other end, September was the most stable month, with a tight range of 0.0126 ARS (High: 0.7394 / Low: 0.7268).

November Spread (Volatile) ±0.0196

September Spread (Stable) ±0.0126

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7788) against the same month in 2023 (average: 0.4821), the exchange rate shifted by +0.2967 (+61.54%).

2024 Avg (December) 0.7788

2023 Avg (December) 0.4821

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6315	0.6177	0.6243
February	0.6439	0.6310	0.6366
March	0.6554	0.6427	0.6497
April	0.6694	0.6546	0.6627
May	0.6825	0.6663	0.6762
June	0.6953	0.6820	0.6897
July	0.7114	0.6969	0.7041
August	0.7274	0.7107	0.7192
September	0.7394	0.7268	0.7329
October	0.7562	0.7380	0.7471
November	0.7727	0.7531	0.7625
December	0.7875	0.7720	0.7788