2024 IQD to RUB Historical Review

YEARLY HIGH

0.0868 RUB

YEARLY LOW

0.0637 RUB

YEARLY AVERAGE

0.0709 RUB

2024 IQD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0868. Conversely, the yearly low was recorded on June 19, dropping to 0.0637.

This high-to-low spread represents a total annual volatility of 0.0231 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0682 to the December average rate of 0.0793, the exchange rate registered a net change of 16.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0868 was up 12.11% compared to the 2023 peak of 0.0774, 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 434 RUB

2023 Average 317 RUB

Yearly Trough Low 319 RUB

Transaction Impact: A difference of 115.47 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0805

0.0654

JanuMarcMayJulySeptNove

IQD to RUB 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 0.0694, compared to 0.0724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0694

H2 Avg (Jul–Dec) 0.0724

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0131 RUB (High: 0.0863 / Low: 0.0733). On the other end, March was the most stable month, with a tight range of 0.0017 RUB (High: 0.0710 / Low: 0.0693).

November Spread (Volatile) ±0.0131

March Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0023 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0793) against the same month in 2023 (average: 0.0695), the exchange rate shifted by +0.0098 (+14.08%).

2024 Avg (December) 0.0793

2023 Avg (December) 0.0695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0703	0.0670	0.0682
February	0.0724	0.0688	0.0701
March	0.0710	0.0693	0.0702
April	0.0720	0.0702	0.0710
May	0.0714	0.0675	0.0696
June	0.0691	0.0637	0.0673
July	0.0679	0.0649	0.0667
August	0.0703	0.0648	0.0680
September	0.0719	0.0670	0.0697
October	0.0744	0.0721	0.0734
November	0.0863	0.0733	0.0770
December	0.0868	0.0754	0.0793