2024 IQD to LKR Historical Review

YEARLY HIGH

0.2474 LKR

YEARLY LOW

0.2213 LKR

YEARLY AVERAGE

0.2305 LKR

2024 IQD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2474. Conversely, the yearly low was recorded on November 18, dropping to 0.2213.

This high-to-low spread represents a total annual volatility of 0.0261 LKR. From a start-to-finish perspective, comparing the January average rate of 0.2451 to the December average rate of 0.2228, the exchange rate registered a net change of -9.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2474 was down 2.39% compared to the 2023 peak of 0.2535, 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 1,237 LKR

2023 Average 1,209 LKR

Yearly Trough Low 1,107 LKR

Transaction Impact: A difference of 130.64 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2473

0.2205

JanuMarcMayJulySeptNove

IQD to LKR 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 0.2342, compared to 0.2267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.2342

H2 Avg (Jul–Dec) 0.2267

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0074 LKR (High: 0.2367 / Low: 0.2293). On the other end, October was the most stable month, with a tight range of 0.0017 LKR (High: 0.2252 / Low: 0.2235).

March Spread (Volatile) ±0.0074

October Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0067 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2451) against the same month in 2023 (average: 0.2505), the exchange rate shifted by -0.0054 (-2.17%).

2024 Avg (January) 0.2451

2023 Avg (January) 0.2505

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2474	0.2411	0.2451
February	0.2408	0.2366	0.2384
March	0.2367	0.2293	0.2329
April	0.2306	0.2259	0.2283
May	0.2305	0.2266	0.2286
June	0.2336	0.2295	0.2320
July	0.2334	0.2307	0.2318
August	0.2324	0.2279	0.2294
September	0.2329	0.2261	0.2296
October	0.2252	0.2235	0.2239
November	0.2239	0.2213	0.2227
December	0.2260	0.2215	0.2228