2024 IQD to EGP Historical Review

YEARLY HIGH

0.0390 EGP

YEARLY LOW

0.0235 EGP

YEARLY AVERAGE

0.0346 EGP

2024 IQD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0390. Conversely, the yearly low was recorded on January 5, dropping to 0.0235.

This high-to-low spread represents a total annual volatility of 0.0155 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0236 to the December average rate of 0.0386, the exchange rate registered a net change of 63.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0390 was up 63.85% compared to the 2023 peak of 0.0238, 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 195 EGP

2023 Average 113 EGP

Yearly Trough Low 117 EGP

Transaction Impact: A difference of 77.61 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0401

0.0221

JanuMarcMayJulySeptNove

IQD to EGP 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 0.0318, compared to 0.0374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.0318

H2 Avg (Jul–Dec) 0.0374

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0143 EGP (High: 0.0378 / Low: 0.0236). On the other end, February was the most stable month, with a tight range of 0.0001 EGP (High: 0.0237 / Low: 0.0235).

March Spread (Volatile) ±0.0143

February Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0386) against the same month in 2023 (average: 0.0236), the exchange rate shifted by +0.0150 (+63.79%).

2024 Avg (December) 0.0386

2023 Avg (December) 0.0236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0236	0.0235	0.0236
February	0.0237	0.0235	0.0236
March	0.0378	0.0236	0.0345
April	0.0371	0.0360	0.0365
May	0.0367	0.0356	0.0361
June	0.0369	0.0360	0.0364
July	0.0371	0.0366	0.0368
August	0.0377	0.0371	0.0374
September	0.0372	0.0369	0.0370
October	0.0374	0.0367	0.0371
November	0.0379	0.0372	0.0377
December	0.0390	0.0380	0.0386