2024 IQD to PKR Historical Review

YEARLY HIGH

0.2158 PKR

YEARLY LOW

0.2110 PKR

YEARLY AVERAGE

0.2126 PKR

2024 IQD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2158. Conversely, the yearly low was recorded on September 25, dropping to 0.2110.

This high-to-low spread represents a total annual volatility of 0.0047 PKR. From a start-to-finish perspective, comparing the January average rate of 0.2137 to the December average rate of 0.2124, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2158 was down 8.17% compared to the 2023 peak of 0.2350, 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 1,079 PKR

2023 Average 1,033 PKR

Yearly Trough Low 1,055 PKR

Transaction Impact: A difference of 23.59 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2139

0.2118

JanuMarcMayJulySeptNove

IQD to PKR 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 0.2128, compared to 0.2124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.2128

H2 Avg (Jul–Dec) 0.2124

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0041 PKR (High: 0.2158 / Low: 0.2116). On the other end, December was the most stable month, with a tight range of 0.0006 PKR (High: 0.2127 / Low: 0.2121).

January Spread (Volatile) ±0.0041

December Spread (Stable) ±0.0006

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 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2137) against the same month in 2023 (average: 0.1601), the exchange rate shifted by +0.0536 (+33.47%).

2024 Avg (January) 0.2137

2023 Avg (January) 0.1601

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2158	0.2116	0.2137
February	0.2135	0.2113	0.2129
March	0.2134	0.2121	0.2128
April	0.2127	0.2119	0.2123
May	0.2132	0.2123	0.2125
June	0.2129	0.2112	0.2125
July	0.2129	0.2122	0.2125
August	0.2149	0.2125	0.2129
September	0.2129	0.2110	0.2124
October	0.2125	0.2118	0.2120
November	0.2123	0.2111	0.2121
December	0.2127	0.2121	0.2124