2024 IQD to CDF Historical Review

YEARLY HIGH

2.2146 CDF

YEARLY LOW

2.0292 CDF

YEARLY AVERAGE

2.1495 CDF

2024 IQD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 2.2146. Conversely, the yearly low was recorded on January 20, dropping to 2.0292.

This high-to-low spread represents a total annual volatility of 0.1854 CDF. From a start-to-finish perspective, comparing the January average rate of 2.0782 to the December average rate of 2.1795, the exchange rate registered a net change of 4.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2146 was up 3.88% compared to the 2023 peak of 2.1318, 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 11,073 CDF

2023 Average 8,658 CDF

Yearly Trough Low 10,146 CDF

Transaction Impact: A difference of 927.22 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1932

2.0677

JanuMarcMayJulySeptNove

IQD to CDF 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 2.1215, compared to 2.1774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0559 points.

H1 Avg (Jan–Jun) 2.1215

H2 Avg (Jul–Dec) 2.1774

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0704 CDF (High: 2.0996 / Low: 2.0292). On the other end, March was the most stable month, with a tight range of 0.0197 CDF (High: 2.1335 / Low: 2.1138).

January Spread (Volatile) ±0.0704

March Spread (Stable) ±0.0197

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 0.0045 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.1783) against the same month in 2023 (average: 1.8907), the exchange rate shifted by +0.2876 (+15.21%).

2024 Avg (August) 2.1783

2023 Avg (August) 1.8907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0996	2.0292	2.0782
February	2.1145	2.0867	2.1037
March	2.1335	2.1138	2.1190
April	2.1528	2.1230	2.1317
May	2.1573	2.1260	2.1349
June	2.1758	2.1355	2.1617
July	2.1921	2.1586	2.1716
August	2.2146	2.1527	2.1783
September	2.1870	2.1646	2.1738
October	2.1966	2.1660	2.1784
November	2.1916	2.1719	2.1827
December	2.1952	2.1716	2.1795