YEARLY HIGH
0.4081 CRC
YEARLY LOW
0.3803 CRC
YEARLY AVERAGE
0.3936 CRC

2024 IQD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 0.4081. Conversely, the yearly low was recorded on April 4, dropping to 0.3803.

This high-to-low spread represents a total annual volatility of 0.0278 CRC. From a start-to-finish perspective, comparing the January average rate of 0.3947 to the December average rate of 0.3863, the exchange rate registered a net change of -2.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4081 was down 2.42% compared to the 2023 peak of 0.4182, 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 2,041 CRC
2023 Average 1,996 CRC
Yearly Trough Low 1,902 CRC
Transaction Impact: A difference of 139.11 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4038
0.3832
JanuMarcMayJulySeptNove

IQD to CRC 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 0.3924, compared to 0.3949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.3924
H2 Avg (Jul–Dec) 0.3949

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0097 CRC (High: 0.4081 / Low: 0.3984). On the other end, November was the most stable month, with a tight range of 0.0050 CRC (High: 0.3919 / Low: 0.3869).

July Spread (Volatile) ±0.0097
November Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 0.0052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.4021) against the same month in 2023 (average: 0.4128), the exchange rate shifted by -0.0107 (-2.58%).

2024 Avg (July) 0.4021
2023 Avg (July) 0.4128

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3979 0.3900 0.3947
February 0.3968 0.3908 0.3936
March 0.3924 0.3836 0.3884
April 0.3886 0.3803 0.3849
May 0.3976 0.3895 0.3915
June 0.4051 0.3977 0.4011
July 0.4081 0.3984 0.4021
August 0.4044 0.3953 0.4012
September 0.4021 0.3934 0.3965
October 0.3969 0.3911 0.3939
November 0.3919 0.3869 0.3895
December 0.3888 0.3831 0.3863