2024 IQD to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 IQD to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the IQD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 16.1530. Conversely, the yearly low was recorded on February 4, dropping to 15.8615.
This high-to-low spread represents a total annual volatility of 0.2916 SLL. From a start-to-finish perspective, comparing the January average rate of 16.0106 to the December average rate of 16.0127, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 16.1530 was up 0.09% compared to the 2023 peak of 16.1391, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 IQD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
IQD to SLL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.0109, compared to 16.0101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 0.1798 SLL (High: 16.0412 / Low: 15.8615). On the other end, July was the most stable month, with a tight range of 0.0601 SLL (High: 16.0534 / Low: 15.9933).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 0.0298 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 16.0334) against the same month in 2023 (average: 16.0112), the exchange rate shifted by +0.0222 (+0.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.0718 | 15.9748 | 16.0106 |
| February | 16.0412 | 15.8615 | 16.0046 |
| March | 16.0790 | 15.9656 | 16.0170 |
| April | 16.0515 | 15.9673 | 16.0126 |
| May | 16.0919 | 15.9762 | 16.0144 |
| June | 16.0458 | 15.9028 | 16.0064 |
| July | 16.0534 | 15.9933 | 16.0128 |
| August | 16.1530 | 15.9843 | 16.0334 |
| September | 16.0467 | 15.9264 | 16.0036 |
| October | 16.0147 | 15.9420 | 15.9983 |
| November | 16.0374 | 15.9186 | 15.9996 |
| December | 16.0718 | 15.9839 | 16.0127 |