2024 IQD to GMD Historical Review

YEARLY HIGH

0.0552 GMD

YEARLY LOW

0.0510 GMD

YEARLY AVERAGE

0.0525 GMD

2024 IQD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0552. Conversely, the yearly low was recorded on February 4, dropping to 0.0510.

This high-to-low spread represents a total annual volatility of 0.0042 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0514 to the December average rate of 0.0548, the exchange rate registered a net change of 6.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0552 was up 6.97% compared to the 2023 peak of 0.0516, 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 276 GMD

2023 Average 230 GMD

Yearly Trough Low 255 GMD

Transaction Impact: A difference of 20.90 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0552

0.0510

JanuMarcMayJulySeptNove

IQD to GMD 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 0.0517, compared to 0.0534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0517

H2 Avg (Jul–Dec) 0.0534

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0023 GMD (High: 0.0538 / Low: 0.0515). On the other end, January was the most stable month, with a tight range of 0.0002 GMD (High: 0.0515 / Low: 0.0513).

October Spread (Volatile) ±0.0023

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0548) against the same month in 2023 (average: 0.0514), the exchange rate shifted by +0.0034 (+6.71%).

2024 Avg (December) 0.0548

2023 Avg (December) 0.0514

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0515	0.0513	0.0514
February	0.0519	0.0510	0.0516
March	0.0521	0.0517	0.0519
April	0.0520	0.0517	0.0518
May	0.0521	0.0516	0.0518
June	0.0518	0.0514	0.0517
July	0.0531	0.0517	0.0518
August	0.0542	0.0527	0.0534
September	0.0542	0.0520	0.0531
October	0.0538	0.0515	0.0529
November	0.0546	0.0538	0.0543
December	0.0552	0.0542	0.0548