2024 IQD to BIF Historical Review

YEARLY HIGH

2.2574 BIF

YEARLY LOW

2.1716 BIF

YEARLY AVERAGE

2.2023 BIF

2024 IQD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.2574. Conversely, the yearly low was recorded on February 4, dropping to 2.1716.

This high-to-low spread represents a total annual volatility of 0.0858 BIF. From a start-to-finish perspective, comparing the January average rate of 2.1786 to the December average rate of 2.2509, the exchange rate registered a net change of 3.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2574 was up 3.19% compared to the 2023 peak of 2.1876, 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 11,287 BIF

2023 Average 9,464 BIF

Yearly Trough Low 10,858 BIF

Transaction Impact: A difference of 429.02 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2581

2.1714

JanuMarcMayJulySeptNove

IQD to BIF 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 2.1870, compared to 2.2176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0306 points.

H1 Avg (Jan–Jun) 2.1870

H2 Avg (Jul–Dec) 2.2176

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0538 BIF (High: 2.2553 / Low: 2.2015). On the other end, July was the most stable month, with a tight range of 0.0076 BIF (High: 2.2021 / Low: 2.1946).

November Spread (Volatile) ±0.0538

July Spread (Stable) ±0.0076

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: 2.2509) against the same month in 2023 (average: 2.1750), the exchange rate shifted by +0.0759 (+3.49%).

2024 Avg (December) 2.2509

2023 Avg (December) 2.1750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1905	2.1749	2.1786
February	2.1937	2.1716	2.1827
March	2.1957	2.1802	2.1852
April	2.1948	2.1846	2.1881
May	2.2070	2.1865	2.1917
June	2.2146	2.1822	2.1956
July	2.2021	2.1946	2.1983
August	2.2166	2.1968	2.2025
September	2.2136	2.2008	2.2086
October	2.2519	2.2075	2.2163
November	2.2553	2.2015	2.2288
December	2.2574	2.2094	2.2509