YEARLY HIGH
0.1531 LRD
YEARLY LOW
0.1366 LRD
YEARLY AVERAGE
0.1461 LRD

2024 IQD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.1531. Conversely, the yearly low was recorded on December 5, dropping to 0.1366.

This high-to-low spread represents a total annual volatility of 0.0165 LRD. From a start-to-finish perspective, comparing the January average rate of 0.1444 to the December average rate of 0.1379, the exchange rate registered a net change of -4.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1531 was up 6.03% compared to the 2023 peak of 0.1443, 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 765 LRD
2023 Average 647 LRD
Yearly Trough Low 683 LRD
Transaction Impact: A difference of 82.35 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1507
0.1367
JanuMarcMayJulySeptNove

IQD to LRD 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 0.1467, compared to 0.1456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1467
H2 Avg (Jul–Dec) 0.1456

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0100 LRD (High: 0.1466 / Low: 0.1366). On the other end, July was the most stable month, with a tight range of 0.0008 LRD (High: 0.1492 / Low: 0.1484).

November Spread (Volatile) ±0.0100
July Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0058 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1495) against the same month in 2023 (average: 0.1423), the exchange rate shifted by +0.0073 (+5.11%).

2024 Avg (August) 0.1495
2023 Avg (August) 0.1423

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1452 0.1436 0.1444
February 0.1463 0.1438 0.1454
March 0.1477 0.1462 0.1470
April 0.1478 0.1436 0.1472
May 0.1485 0.1475 0.1478
June 0.1485 0.1471 0.1481
July 0.1492 0.1484 0.1488
August 0.1531 0.1488 0.1495
September 0.1527 0.1479 0.1493
October 0.1480 0.1465 0.1470
November 0.1466 0.1366 0.1412
December 0.1405 0.1366 0.1379