2024 IQD to MXN Historical Review

YEARLY HIGH

0.0159 MXN

YEARLY LOW

0.0125 MXN

YEARLY AVERAGE

0.0140 MXN

2024 IQD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0159. Conversely, the yearly low was recorded on April 8, dropping to 0.0125.

This high-to-low spread represents a total annual volatility of 0.0034 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0130 to the December average rate of 0.0155, the exchange rate registered a net change of 18.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0159 was up 13.76% compared to the 2023 peak of 0.0140, 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 80 MXN

2023 Average 65 MXN

Yearly Trough Low 62 MXN

Transaction Impact: A difference of 17.15 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0158

0.0125

JanuMarcMayJulySeptNove

IQD to MXN 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 0.0131, compared to 0.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0131

H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0014 MXN (High: 0.0143 / Low: 0.0130). On the other end, February was the most stable month, with a tight range of 0.0002 MXN (High: 0.0131 / Low: 0.0130).

June Spread (Volatile) ±0.0014

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and November, 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 February and March, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0155) against the same month in 2023 (average: 0.0131), the exchange rate shifted by +0.0024 (+18.08%).

2024 Avg (December) 0.0155

2023 Avg (December) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0132	0.0129	0.0130
February	0.0131	0.0130	0.0130
March	0.0130	0.0126	0.0128
April	0.0131	0.0125	0.0128
May	0.0130	0.0126	0.0128
June	0.0143	0.0130	0.0139
July	0.0143	0.0135	0.0138
August	0.0151	0.0142	0.0146
September	0.0153	0.0146	0.0150
October	0.0154	0.0147	0.0150
November	0.0158	0.0151	0.0155
December	0.0159	0.0153	0.0155