2024 IQD to BWP Historical Review

YEARLY HIGH

0.0108 BWP

YEARLY LOW

0.0099 BWP

YEARLY AVERAGE

0.0104 BWP

2024 IQD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0108. Conversely, the yearly low was recorded on September 30, dropping to 0.0099.

This high-to-low spread represents a total annual volatility of 0.0009 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0104 to the December average rate of 0.0105, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0108 was up 2.27% compared to the 2023 peak of 0.0106, 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 54 BWP

2023 Average 49 BWP

Yearly Trough Low 50 BWP

Transaction Impact: A difference of 4.52 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0105

0.0101

JanuMarcMayJulySeptNove

IQD to BWP 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 0.0104, compared to 0.0103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0104

H2 Avg (Jul–Dec) 0.0103

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0006 BWP (High: 0.0108 / Low: 0.0103). On the other end, July was the most stable month, with a tight range of 0.0002 BWP (High: 0.0104 / Low: 0.0103).

May Spread (Volatile) ±0.0006

July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 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 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0104) against the same month in 2023 (average: 0.0102), the exchange rate shifted by +0.0002 (+1.67%).

2024 Avg (May) 0.0104

2023 Avg (May) 0.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0105	0.0102	0.0104
February	0.0105	0.0103	0.0105
March	0.0105	0.0103	0.0104
April	0.0108	0.0104	0.0105
May	0.0108	0.0103	0.0104
June	0.0105	0.0103	0.0104
July	0.0104	0.0103	0.0103
August	0.0104	0.0101	0.0103
September	0.0102	0.0099	0.0101
October	0.0103	0.0100	0.0102
November	0.0105	0.0101	0.0103
December	0.0107	0.0103	0.0105