2024 IQD to KPW Historical Review

YEARLY HIGH

0.6933 KPW

YEARLY LOW

0.6808 KPW

YEARLY AVERAGE

0.6872 KPW

2024 IQD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.6933. Conversely, the yearly low was recorded on February 4, dropping to 0.6808.

This high-to-low spread represents a total annual volatility of 0.0125 KPW. From a start-to-finish perspective, comparing the January average rate of 0.6872 to the December average rate of 0.6873, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6933 was up 0.09% compared to the 2023 peak of 0.6927, 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 3,466 KPW

2023 Average 3,321 KPW

Yearly Trough Low 3,404 KPW

Transaction Impact: A difference of 62.58 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6883

0.6865

JanuMarcMayJulySeptNove

IQD to KPW 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 0.6872, compared to 0.6871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.6872

H2 Avg (Jul–Dec) 0.6871

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0077 KPW (High: 0.6885 / Low: 0.6808). On the other end, July was the most stable month, with a tight range of 0.0026 KPW (High: 0.6890 / Low: 0.6864).

February Spread (Volatile) ±0.0077

July Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.6881) against the same month in 2023 (average: 0.6872), the exchange rate shifted by +0.0010 (+0.14%).

2024 Avg (August) 0.6881

2023 Avg (August) 0.6872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6898	0.6856	0.6872
February	0.6885	0.6808	0.6869
March	0.6901	0.6852	0.6874
April	0.6889	0.6853	0.6873
May	0.6907	0.6857	0.6873
June	0.6887	0.6825	0.6870
July	0.6890	0.6864	0.6873
August	0.6933	0.6860	0.6881
September	0.6887	0.6836	0.6869
October	0.6873	0.6842	0.6866
November	0.6883	0.6832	0.6867
December	0.6898	0.6860	0.6873