YEARLY HIGH
0.1234 JPY
YEARLY LOW
0.1074 JPY
YEARLY AVERAGE
0.1157 JPY

2024 IQD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.1234. Conversely, the yearly low was recorded on September 15, dropping to 0.1074.

This high-to-low spread represents a total annual volatility of 0.0160 JPY. From a start-to-finish perspective, comparing the January average rate of 0.1116 to the December average rate of 0.1176, the exchange rate registered a net change of 5.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1234 was up 6.28% compared to the 2023 peak of 0.1161, 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 617 JPY
2023 Average 519 JPY
Yearly Trough Low 537 JPY
Transaction Impact: A difference of 80.05 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1218
0.1080
JanuMarcMayJulySeptNove

IQD to JPY 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 0.1162, compared to 0.1151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1162
H2 Avg (Jul–Dec) 0.1151

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0090 JPY (High: 0.1234 / Low: 0.1144). On the other end, May was the most stable month, with a tight range of 0.0034 JPY (High: 0.1203 / Low: 0.1168).

July Spread (Volatile) ±0.0090
May Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between January and June, 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 July and August, when the average rate fell by 0.0085 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.1203) against the same month in 2023 (average: 0.1079), the exchange rate shifted by +0.0124 (+11.53%).

2024 Avg (July) 0.1203
2023 Avg (July) 0.1079

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1132 0.1075 0.1116
February 0.1153 0.1118 0.1142
March 0.1161 0.1120 0.1144
April 0.1205 0.1155 0.1176
May 0.1203 0.1168 0.1189
June 0.1230 0.1184 0.1207
July 0.1234 0.1144 0.1203
August 0.1140 0.1099 0.1118
September 0.1120 0.1074 0.1092
October 0.1170 0.1098 0.1144
November 0.1194 0.1143 0.1171
December 0.1206 0.1142 0.1176