YEARLY HIGH
0.0011 CAD
YEARLY LOW
0.0010 CAD
YEARLY AVERAGE
0.0010 CAD

2024 IQD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0011. Conversely, the yearly low was recorded on January 1, dropping to 0.0010.

This high-to-low spread represents a total annual volatility of 0.0001 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0010 to the December average rate of 0.0011, the exchange rate registered a net change of 6.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0011 was up 3.95% compared to the 2023 peak of 0.0011, 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 6 CAD
2023 Average 5 CAD
Yearly Trough Low 5 CAD
Transaction Impact: A difference of 0.47 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0011
0.0010
JanuMarcMayJulySeptNove

IQD to CAD 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 0.0010, compared to 0.0011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0010
H2 Avg (Jul–Dec) 0.0011

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0000 CAD (High: 0.0011 / Low: 0.0010). On the other end, May was the most stable month, with a tight range of 0.0000 CAD (High: 0.0010 / Low: 0.0010).

August Spread (Volatile) ±0.0000
May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, 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 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0011) against the same month in 2023 (average: 0.0010), the exchange rate shifted by +0.0001 (+6.44%).

2024 Avg (December) 0.0011
2023 Avg (December) 0.0010

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0010 0.0010 0.0010
February 0.0010 0.0010 0.0010
March 0.0010 0.0010 0.0010
April 0.0011 0.0010 0.0010
May 0.0010 0.0010 0.0010
June 0.0011 0.0010 0.0010
July 0.0011 0.0010 0.0010
August 0.0011 0.0010 0.0010
September 0.0010 0.0010 0.0010
October 0.0011 0.0010 0.0010
November 0.0011 0.0011 0.0011
December 0.0011 0.0011 0.0011