2024 IQD to JMD Historical Review

YEARLY HIGH

0.1217 JMD

YEARLY LOW

0.1168 JMD

YEARLY AVERAGE

0.1194 JMD

2024 IQD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.1217. Conversely, the yearly low was recorded on April 3, dropping to 0.1168.

This high-to-low spread represents a total annual volatility of 0.0049 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1184 to the December average rate of 0.1194, the exchange rate registered a net change of 0.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1217 was up 1.76% compared to the 2023 peak of 0.1196, 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 608 JMD

2023 Average 569 JMD

Yearly Trough Low 584 JMD

Transaction Impact: A difference of 24.45 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1212

0.1178

JanuMarcMayJulySeptNove

IQD to JMD 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 0.1187, compared to 0.1200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1187

H2 Avg (Jul–Dec) 0.1200

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0025 JMD (High: 0.1193 / Low: 0.1168). On the other end, July was the most stable month, with a tight range of 0.0010 JMD (High: 0.1198 / Low: 0.1188).

April Spread (Volatile) ±0.0025

July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0015 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1209) against the same month in 2023 (average: 0.1188), the exchange rate shifted by +0.0021 (+1.81%).

2024 Avg (November) 0.1209

2023 Avg (November) 0.1188

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1189	0.1177	0.1184
February	0.1199	0.1185	0.1194
March	0.1194	0.1173	0.1181
April	0.1193	0.1168	0.1184
May	0.1199	0.1187	0.1194
June	0.1193	0.1179	0.1188
July	0.1198	0.1188	0.1194
August	0.1205	0.1192	0.1198
September	0.1205	0.1189	0.1199
October	0.1213	0.1201	0.1208
November	0.1217	0.1202	0.1209
December	0.1202	0.1188	0.1194