YEARLY HIGH
0.3054 HUF
YEARLY LOW
0.2632 HUF
YEARLY AVERAGE
0.2791 HUF

2024 IQD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.3054. Conversely, the yearly low was recorded on January 10, dropping to 0.2632.

This high-to-low spread represents a total annual volatility of 0.0422 HUF. From a start-to-finish perspective, comparing the January average rate of 0.2674 to the December average rate of 0.3004, the exchange rate registered a net change of 12.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3054 was up 7.10% compared to the 2023 peak of 0.2851, 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 1,527 HUF
2023 Average 1,302 HUF
Yearly Trough Low 1,316 HUF
Transaction Impact: A difference of 211.00 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3037
0.2641
JanuMarcMayJulySeptNove

IQD to HUF 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 0.2754, compared to 0.2828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.2754
H2 Avg (Jul–Dec) 0.2828

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0161 HUF (High: 0.3014 / Low: 0.2853). On the other end, September was the most stable month, with a tight range of 0.0062 HUF (High: 0.2749 / Low: 0.2688).

November Spread (Volatile) ±0.0161
September Spread (Stable) ±0.0062

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 April and May, when the average rate fell by 0.0061 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3004) against the same month in 2023 (average: 0.2667), the exchange rate shifted by +0.0337 (+12.65%).

2024 Avg (December) 0.3004
2023 Avg (December) 0.2667

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2743 0.2632 0.2674
February 0.2778 0.2688 0.2743
March 0.2821 0.2749 0.2776
April 0.2842 0.2744 0.2797
May 0.2781 0.2698 0.2736
June 0.2847 0.2734 0.2798
July 0.2808 0.2729 0.2761
August 0.2812 0.2684 0.2738
September 0.2749 0.2688 0.2712
October 0.2867 0.2747 0.2814
November 0.3014 0.2853 0.2940
December 0.3054 0.2971 0.3004