2024 IQD to ETB Historical Review

YEARLY HIGH

0.0976 ETB

YEARLY LOW

0.0428 ETB

YEARLY AVERAGE

0.0628 ETB

2024 IQD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0976. Conversely, the yearly low was recorded on January 7, dropping to 0.0428.

This high-to-low spread represents a total annual volatility of 0.0549 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0431 to the December average rate of 0.0967, the exchange rate registered a net change of 124.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0976 was up 126.76% compared to the 2023 peak of 0.0431, 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 488 ETB

2023 Average 202 ETB

Yearly Trough Low 214 ETB

Transaction Impact: A difference of 274.28 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1021

0.0377

JanuMarcMayJulySeptNove

IQD to ETB 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 0.0435, compared to 0.0822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0388 points.

H1 Avg (Jan–Jun) 0.0435

H2 Avg (Jul–Dec) 0.0822

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0258 ETB (High: 0.0861 / Low: 0.0602). On the other end, March was the most stable month, with a tight range of 0.0004 ETB (High: 0.0435 / Low: 0.0431).

August Spread (Volatile) ±0.0258

March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0967) against the same month in 2023 (average: 0.0428), the exchange rate shifted by +0.0539 (+125.70%).

2024 Avg (December) 0.0967

2023 Avg (December) 0.0428

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0432	0.0428	0.0431
February	0.0433	0.0429	0.0432
March	0.0435	0.0431	0.0433
April	0.0438	0.0433	0.0435
May	0.0440	0.0435	0.0438
June	0.0441	0.0435	0.0439
July	0.0576	0.0438	0.0445
August	0.0861	0.0602	0.0787
September	0.0914	0.0842	0.0881
October	0.0931	0.0904	0.0918
November	0.0965	0.0917	0.0935
December	0.0976	0.0949	0.0967