YEARLY HIGH
17.1639 STD
YEARLY LOW
16.8541 STD
YEARLY AVERAGE
17.0125 STD

2024 IQD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 17.1639. Conversely, the yearly low was recorded on February 4, dropping to 16.8541.

This high-to-low spread represents a total annual volatility of 0.3098 STD. From a start-to-finish perspective, comparing the January average rate of 17.0125 to the December average rate of 17.0148, 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 17.1639 was down 2.25% compared to the 2023 peak of 17.5591, 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 85,820 STD
2023 Average 83,320 STD
Yearly Trough Low 84,270 STD
Transaction Impact: A difference of 1,549.21 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.0405
16.9957
JanuMarcMayJulySeptNove

IQD to STD 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 17.0129, compared to 17.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 17.0129
H2 Avg (Jul–Dec) 17.0120

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.1910 STD (High: 17.0451 / Low: 16.8541). On the other end, July was the most stable month, with a tight range of 0.0639 STD (High: 17.0581 / Low: 16.9942).

February Spread (Volatile) ±0.1910
July Spread (Stable) ±0.0639

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 August and September, when the average rate fell by 0.0316 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 17.0368) against the same month in 2023 (average: 17.0132), the exchange rate shifted by +0.0236 (+0.14%).

2024 Avg (August) 17.0368
2023 Avg (August) 17.0132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.0776 16.9746 17.0125
February 17.0451 16.8541 17.0061
March 17.0852 16.9648 17.0193
April 17.0560 16.9666 17.0147
May 17.0990 16.9760 17.0167
June 17.0500 16.8980 17.0081
July 17.0581 16.9942 17.0149
August 17.1639 16.9846 17.0368
September 17.0509 16.9231 17.0052
October 17.0169 16.9396 16.9995
November 17.0411 16.9148 17.0009
December 17.0776 16.9842 17.0148