2024 IQD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 IQD to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the IQD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 68.9814. Conversely, the yearly low was recorded on February 14, dropping to 11.4373.
This high-to-low spread represents a total annual volatility of 57.5441 LBP. From a start-to-finish perspective, comparing the January average rate of 11.4759 to the December average rate of 68.3608, the exchange rate registered a net change of 495.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 68.9814 was up 488.26% compared to the 2023 peak of 11.7264, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 IQD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
IQD to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 52.0221, compared to 68.3751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.3530 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 57.0004 LBP (High: 68.4377 / Low: 11.4373). On the other end, December was the most stable month, with a tight range of 0.0327 LBP (High: 68.3762 / Low: 68.3435).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0635 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 68.4234) against the same month in 2023 (average: 11.4984), the exchange rate shifted by +56.9250 (+495.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.4952 | 11.4491 | 11.4759 |
| February | 68.4377 | 11.4373 | 27.1699 |
| March | 68.5210 | 68.2562 | 68.3949 |
| April | 68.4430 | 68.1450 | 68.3604 |
| May | 68.5281 | 68.1086 | 68.3658 |
| June | 68.6145 | 67.9164 | 68.3659 |
| July | 68.5057 | 68.1745 | 68.3666 |
| August | 68.9814 | 68.2337 | 68.4234 |
| September | 68.5655 | 68.0193 | 68.3599 |
| October | 68.4959 | 68.3469 | 68.3753 |
| November | 68.4204 | 68.3327 | 68.3646 |
| December | 68.3762 | 68.3435 | 68.3608 |