2024 IQD to BDT Historical Review

YEARLY HIGH

0.0914 BDT

YEARLY LOW

0.0836 BDT

YEARLY AVERAGE

0.0881 BDT

2024 IQD to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.0914. Conversely, the yearly low was recorded on February 1, dropping to 0.0836.

This high-to-low spread represents a total annual volatility of 0.0078 BDT. From a start-to-finish perspective, comparing the January average rate of 0.0838 to the December average rate of 0.0912, the exchange rate registered a net change of 8.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0914 was up 8.02% compared to the 2023 peak of 0.0846, 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 457 BDT

2023 Average 399 BDT

Yearly Trough Low 418 BDT

Transaction Impact: A difference of 38.83 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0920

0.0830

JanuMarcMayJulySeptNove

IQD to BDT 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 0.0854, compared to 0.0908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0854

H2 Avg (Jul–Dec) 0.0908

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0061 BDT (High: 0.0899 / Low: 0.0837). On the other end, December was the most stable month, with a tight range of 0.0001 BDT (High: 0.0913 / Low: 0.0912).

May Spread (Volatile) ±0.0061

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0000 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0912) against the same month in 2023 (average: 0.0838), the exchange rate shifted by +0.0074 (+8.81%).

2024 Avg (September) 0.0912

2023 Avg (September) 0.0838

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0841	0.0837	0.0838
February	0.0838	0.0836	0.0838
March	0.0840	0.0837	0.0838
April	0.0839	0.0837	0.0838
May	0.0899	0.0837	0.0878
June	0.0899	0.0891	0.0897
July	0.0900	0.0896	0.0897
August	0.0914	0.0895	0.0904
September	0.0914	0.0908	0.0912
October	0.0913	0.0912	0.0912
November	0.0913	0.0908	0.0912
December	0.0913	0.0912	0.0912