2024 IQD to SBD Historical Review

YEARLY HIGH

0.0067 SBD

YEARLY LOW

0.0063 SBD

YEARLY AVERAGE

0.0064 SBD

2024 IQD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0067. Conversely, the yearly low was recorded on October 6, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0004 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0064, the exchange rate registered a net change of -0.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0067 was up 2.67% compared to the 2023 peak of 0.0065, 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 33 SBD

2023 Average 31 SBD

Yearly Trough Low 31 SBD

Transaction Impact: A difference of 1.89 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0065

0.0063

JanuMarcMayJulySeptNove

IQD to SBD 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 0.0065, compared to 0.0064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0065

H2 Avg (Jul–Dec) 0.0064

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0003 SBD (High: 0.0067 / Low: 0.0064). On the other end, May was the most stable month, with a tight range of 0.0000 SBD (High: 0.0065 / Low: 0.0065).

March Spread (Volatile) ±0.0003

May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0065) against the same month in 2023 (average: 0.0056), the exchange rate shifted by +0.0008 (+14.53%).

2024 Avg (March) 0.0065

2023 Avg (March) 0.0056

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0065	0.0064	0.0064
February	0.0065	0.0064	0.0065
March	0.0067	0.0064	0.0065
April	0.0065	0.0064	0.0065
May	0.0065	0.0065	0.0065
June	0.0065	0.0064	0.0065
July	0.0065	0.0064	0.0065
August	0.0065	0.0064	0.0065
September	0.0065	0.0063	0.0064
October	0.0064	0.0063	0.0063
November	0.0064	0.0063	0.0064
December	0.0064	0.0064	0.0064