YEARLY HIGH
0.0051 BRL
YEARLY LOW
0.0037 BRL
YEARLY AVERAGE
0.0041 BRL

2024 IQD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0051. Conversely, the yearly low was recorded on January 1, dropping to 0.0037.

This high-to-low spread represents a total annual volatility of 0.0015 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0037 to the December average rate of 0.0047, 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 0.0051 was up 30.19% compared to the 2023 peak of 0.0040, 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 26 BRL
2023 Average 18 BRL
Yearly Trough Low 18 BRL
Transaction Impact: A difference of 7.25 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0048
0.0037
JanuMarcMayJulySeptNove

IQD to BRL 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 0.0039, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0039
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0006 BRL (High: 0.0051 / Low: 0.0046). On the other end, February was the most stable month, with a tight range of 0.0001 BRL (High: 0.0038 / Low: 0.0038).

December Spread (Volatile) ±0.0006
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0047) against the same month in 2023 (average: 0.0037), the exchange rate shifted by +0.0009 (+25.13%).

2024 Avg (December) 0.0047
2023 Avg (December) 0.0037

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0038 0.0037 0.0037
February 0.0038 0.0038 0.0038
March 0.0038 0.0038 0.0038
April 0.0040 0.0038 0.0039
May 0.0040 0.0039 0.0039
June 0.0043 0.0040 0.0041
July 0.0043 0.0041 0.0042
August 0.0044 0.0041 0.0042
September 0.0043 0.0041 0.0042
October 0.0044 0.0041 0.0043
November 0.0046 0.0043 0.0044
December 0.0051 0.0046 0.0047