2024 IQD to HKD Historical Review

YEARLY HIGH

0.0060 HKD

YEARLY LOW

0.0059 HKD

YEARLY AVERAGE

0.0060 HKD

2024 IQD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.0060. Conversely, the yearly low was recorded on November 9, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0001 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0060 to the December average rate of 0.0059, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0060 was down 0.14% compared to the 2023 peak of 0.0060, 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 30 HKD

2023 Average 29 HKD

Yearly Trough Low 30 HKD

Transaction Impact: A difference of 0.56 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0060

0.0059

JanuMarcMayJulySeptNove

IQD to HKD 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 0.0060, compared to 0.0059 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) 0.0060

H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0001 HKD (High: 0.0060 / Low: 0.0059). On the other end, July was the most stable month, with a tight range of 0.0000 HKD (High: 0.0060 / Low: 0.0060).

February Spread (Volatile) ±0.0001

July Spread (Stable) ±0.0000

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 September and October, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0060) against the same month in 2023 (average: 0.0060), the exchange rate shifted by -0.0000 (-0.24%).

2024 Avg (August) 0.0060

2023 Avg (August) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0060	0.0060	0.0060
February	0.0060	0.0059	0.0060
March	0.0060	0.0060	0.0060
April	0.0060	0.0060	0.0060
May	0.0060	0.0059	0.0060
June	0.0060	0.0059	0.0060
July	0.0060	0.0060	0.0060
August	0.0060	0.0059	0.0060
September	0.0060	0.0059	0.0059
October	0.0059	0.0059	0.0059
November	0.0060	0.0059	0.0059
December	0.0060	0.0059	0.0059