2024 IQD to IRR Historical Review

YEARLY HIGH

32.4340 IRR

YEARLY LOW

31.8069 IRR

YEARLY AVERAGE

32.1371 IRR

2024 IQD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 32.4340. Conversely, the yearly low was recorded on February 4, dropping to 31.8069.

This high-to-low spread represents a total annual volatility of 0.6271 IRR. From a start-to-finish perspective, comparing the January average rate of 32.1050 to the December average rate of 32.2125, the exchange rate registered a net change of 0.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 32.4340 was down 0.33% compared to the 2023 peak of 32.5423, 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 162,170 IRR

2023 Average 155,780 IRR

Yearly Trough Low 159,034 IRR

Transaction Impact: A difference of 3,135.49 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

32.2251

32.0733

JanuMarcMayJulySeptNove

IQD to IRR 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 32.1200, compared to 32.1541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0341 points.

H1 Avg (Jan–Jun) 32.1200

H2 Avg (Jul–Dec) 32.1541

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.3553 IRR (High: 32.2830 / Low: 31.9277). On the other end, April was the most stable month, with a tight range of 0.1676 IRR (High: 32.2058 / Low: 32.0382).

June Spread (Volatile) ±0.3553

April Spread (Stable) ±0.1676

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0548 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0548

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 32.1888) against the same month in 2023 (average: 32.2824), the exchange rate shifted by -0.0936 (-0.29%).

2024 Avg (August) 32.1888

2023 Avg (August) 32.2824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.2191	32.0444	32.1050
February	32.1617	31.8069	32.0859
March	32.2317	32.0044	32.1120
April	32.2058	32.0382	32.1275
May	32.2786	32.0464	32.1441
June	32.2830	31.9277	32.1455
July	32.2743	32.0999	32.1517
August	32.4340	32.0941	32.1888
September	32.3032	31.9788	32.1340
October	32.1833	32.0102	32.1211
November	32.1885	31.9538	32.1168
December	32.3820	32.0811	32.2125