2024 IQD to MVR Historical Review

YEARLY HIGH

0.0119 MVR

YEARLY LOW

0.0110 MVR

YEARLY AVERAGE

0.0118 MVR

2024 IQD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0119. Conversely, the yearly low was recorded on May 2, dropping to 0.0110.

This high-to-low spread represents a total annual volatility of 0.0008 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0118 to the December average rate of 0.0118, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0119 was up 0.05% compared to the 2023 peak of 0.0119, 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 59 MVR

2023 Average 57 MVR

Yearly Trough Low 55 MVR

Transaction Impact: A difference of 4.18 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0118

0.0117

JanuMarcMayJulySeptNove

IQD to MVR 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 0.0118, compared to 0.0117 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) 0.0118

H2 Avg (Jul–Dec) 0.0117

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0008 MVR (High: 0.0119 / Low: 0.0110). On the other end, April was the most stable month, with a tight range of 0.0001 MVR (High: 0.0118 / Low: 0.0118).

May Spread (Volatile) ±0.0008

April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, 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 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0118) against the same month in 2023 (average: 0.0105), the exchange rate shifted by +0.0012 (+11.77%).

2024 Avg (March) 0.0118

2023 Avg (March) 0.0105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0118	0.0117	0.0118
February	0.0118	0.0116	0.0117
March	0.0119	0.0117	0.0118
April	0.0118	0.0118	0.0118
May	0.0119	0.0110	0.0118
June	0.0118	0.0116	0.0118
July	0.0118	0.0117	0.0118
August	0.0118	0.0117	0.0118
September	0.0118	0.0117	0.0117
October	0.0117	0.0117	0.0117
November	0.0118	0.0117	0.0118
December	0.0118	0.0117	0.0118