YEARLY HIGH
0.1364 DJF
YEARLY LOW
0.1348 DJF
YEARLY AVERAGE
0.1358 DJF

2024 IQD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.1364. Conversely, the yearly low was recorded on May 13, dropping to 0.1348.

This high-to-low spread represents a total annual volatility of 0.0016 DJF. From a start-to-finish perspective, comparing the January average rate of 0.1358 to the December average rate of 0.1358, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1364 was down 0.18% compared to the 2023 peak of 0.1366, 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 682 DJF
2023 Average 656 DJF
Yearly Trough Low 674 DJF
Transaction Impact: A difference of 8.15 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1359
0.1357
JanuMarcMayJulySeptNove

IQD to DJF 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 0.1358, compared to 0.1358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1358
H2 Avg (Jul–Dec) 0.1358

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0012 DJF (High: 0.1359 / Low: 0.1348). On the other end, February was the most stable month, with a tight range of 0.0003 DJF (High: 0.1359 / Low: 0.1356).

May Spread (Volatile) ±0.0012
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, 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 (August 2024: 0.1358) against the same month in 2023 (average: 0.1358), the exchange rate shifted by -0.0000 (-0.03%).

2024 Avg (August) 0.1358
2023 Avg (August) 0.1358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1363 0.1354 0.1358
February 0.1359 0.1356 0.1358
March 0.1360 0.1355 0.1358
April 0.1359 0.1355 0.1358
May 0.1359 0.1348 0.1357
June 0.1360 0.1351 0.1357
July 0.1359 0.1355 0.1358
August 0.1364 0.1355 0.1358
September 0.1359 0.1356 0.1358
October 0.1359 0.1351 0.1357
November 0.1359 0.1353 0.1357
December 0.1360 0.1356 0.1358