YEARLY HIGH
0.4393 SOS
YEARLY LOW
0.4355 SOS
YEARLY AVERAGE
0.4362 SOS

2024 IQD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.4393. Conversely, the yearly low was recorded on May 3, dropping to 0.4355.

This high-to-low spread represents a total annual volatility of 0.0038 SOS. From a start-to-finish perspective, comparing the January average rate of 0.4362 to the December average rate of 0.4363, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4393 was up 0.39% compared to the 2023 peak of 0.4376, 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 2,197 SOS
2023 Average 2,101 SOS
Yearly Trough Low 2,177 SOS
Transaction Impact: A difference of 19.19 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4364
0.4361
JanuMarcMayJulySeptNove

IQD to SOS 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 0.4362, compared to 0.4362 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) 0.4362
H2 Avg (Jul–Dec) 0.4362

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0035 SOS (High: 0.4393 / Low: 0.4359). On the other end, December was the most stable month, with a tight range of 0.0003 SOS (High: 0.4365 / Low: 0.4362).

February Spread (Volatile) ±0.0035
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.4364) against the same month in 2023 (average: 0.3896), the exchange rate shifted by +0.0468 (+12.01%).

2024 Avg (February) 0.4364
2023 Avg (February) 0.3896

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4366 0.4357 0.4362
February 0.4393 0.4359 0.4364
March 0.4377 0.4358 0.4364
April 0.4365 0.4361 0.4363
May 0.4366 0.4355 0.4361
June 0.4366 0.4357 0.4361
July 0.4364 0.4356 0.4362
August 0.4377 0.4359 0.4362
September 0.4363 0.4359 0.4361
October 0.4363 0.4359 0.4361
November 0.4363 0.4357 0.4362
December 0.4365 0.4362 0.4363