YEARLY HIGH
0.4633 SDG
YEARLY LOW
0.4355 SDG
YEARLY AVERAGE
0.4566 SDG

2024 IQD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.4633. Conversely, the yearly low was recorded on May 2, dropping to 0.4355.

This high-to-low spread represents a total annual volatility of 0.0278 SDG. From a start-to-finish perspective, comparing the January average rate of 0.4589 to the December average rate of 0.4593, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4633 was up 0.16% compared to the 2023 peak of 0.4626, 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 2,317 SDG
2023 Average 2,201 SDG
Yearly Trough Low 2,177 SDG
Transaction Impact: A difference of 139.23 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4611
0.4466
JanuMarcMayJulySeptNove

IQD to SDG 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 0.4549, compared to 0.4584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.4549
H2 Avg (Jul–Dec) 0.4584

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0257 SDG (High: 0.4612 / Low: 0.4355). On the other end, October was the most stable month, with a tight range of 0.0021 SDG (High: 0.4594 / Low: 0.4573).

May Spread (Volatile) ±0.0257
October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.0057 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4599) against the same month in 2023 (average: 0.4592), the exchange rate shifted by +0.0008 (+0.17%).

2024 Avg (August) 0.4599
2023 Avg (August) 0.4592

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4606 0.4578 0.4589
February 0.4598 0.4542 0.4586
March 0.4608 0.4458 0.4535
April 0.4585 0.4462 0.4478
May 0.4612 0.4355 0.4574
June 0.4597 0.4444 0.4530
July 0.4601 0.4472 0.4542
August 0.4633 0.4585 0.4599
September 0.4603 0.4568 0.4591
October 0.4594 0.4573 0.4589
November 0.4600 0.4566 0.4589
December 0.4610 0.4585 0.4593