YEARLY HIGH
0.0653 BTN
YEARLY LOW
0.0630 BTN
YEARLY AVERAGE
0.0639 BTN

2024 IQD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0653. Conversely, the yearly low was recorded on March 9, dropping to 0.0630.

This high-to-low spread represents a total annual volatility of 0.0023 BTN. From a start-to-finish perspective, comparing the January average rate of 0.0634 to the December average rate of 0.0649, the exchange rate registered a net change of 2.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0653 was up 1.88% compared to the 2023 peak of 0.0641, 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 327 BTN
2023 Average 305 BTN
Yearly Trough Low 315 BTN
Transaction Impact: A difference of 11.49 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0650
0.0632
JanuMarcMayJulySeptNove

IQD to BTN 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 0.0635, compared to 0.0642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0635
H2 Avg (Jul–Dec) 0.0642

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0009 BTN (High: 0.0641 / Low: 0.0633). On the other end, February was the most stable month, with a tight range of 0.0002 BTN (High: 0.0635 / Low: 0.0632).

January Spread (Volatile) ±0.0009
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and August, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0649) against the same month in 2023 (average: 0.0636), the exchange rate shifted by +0.0013 (+2.04%).

2024 Avg (December) 0.0649
2023 Avg (December) 0.0636

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0641 0.0633 0.0634
February 0.0635 0.0632 0.0633
March 0.0638 0.0630 0.0634
April 0.0639 0.0634 0.0636
May 0.0641 0.0633 0.0637
June 0.0639 0.0633 0.0637
July 0.0639 0.0637 0.0638
August 0.0646 0.0638 0.0641
September 0.0641 0.0635 0.0640
October 0.0642 0.0640 0.0641
November 0.0646 0.0641 0.0644
December 0.0653 0.0645 0.0649