2024 IQD to INR Historical Review

YEARLY HIGH

0.0655 INR

YEARLY LOW

0.0628 INR

YEARLY AVERAGE

0.0639 INR

2024 IQD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0655. Conversely, the yearly low was recorded on February 4, dropping to 0.0628.

This high-to-low spread represents a total annual volatility of 0.0028 INR. From a start-to-finish perspective, comparing the January average rate of 0.0635 to the December average rate of 0.0649, the exchange rate registered a net change of 2.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0655 was up 2.40% compared to the 2023 peak of 0.0640, 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 328 INR

2023 Average 305 INR

Yearly Trough Low 314 INR

Transaction Impact: A difference of 13.78 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0651

0.0632

JanuMarcMayJulySeptNove

IQD to INR 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 0.0636, compared to 0.0642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0636

H2 Avg (Jul–Dec) 0.0642

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0010 INR (High: 0.0641 / Low: 0.0631). On the other end, July was the most stable month, with a tight range of 0.0003 INR (High: 0.0640 / Low: 0.0637).

March Spread (Volatile) ±0.0010

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and August, 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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0649) against the same month in 2023 (average: 0.0635), the exchange rate shifted by +0.0014 (+2.20%).

2024 Avg (December) 0.0649

2023 Avg (December) 0.0635

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0638	0.0633	0.0635
February	0.0634	0.0628	0.0633
March	0.0641	0.0631	0.0634
April	0.0640	0.0635	0.0637
May	0.0639	0.0634	0.0637
June	0.0639	0.0633	0.0637
July	0.0640	0.0637	0.0638
August	0.0645	0.0639	0.0641
September	0.0643	0.0636	0.0640
October	0.0642	0.0639	0.0641
November	0.0647	0.0641	0.0644
December	0.0655	0.0646	0.0649