2024 IQD to THB Historical Review

YEARLY HIGH

0.0284 THB

YEARLY LOW

0.0247 THB

YEARLY AVERAGE

0.0269 THB

2024 IQD to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0284. Conversely, the yearly low was recorded on September 27, dropping to 0.0247.

This high-to-low spread represents a total annual volatility of 0.0037 THB. From a start-to-finish perspective, comparing the January average rate of 0.0269 to the December average rate of 0.0261, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0284 was up 0.21% compared to the 2023 peak of 0.0283, 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 142 THB

2023 Average 128 THB

Yearly Trough Low 123 THB

Transaction Impact: A difference of 18.45 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0283

0.0251

JanuMarcMayJulySeptNove

IQD to THB 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 0.0276, compared to 0.0262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0276

H2 Avg (Jul–Dec) 0.0262

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0015 THB (High: 0.0262 / Low: 0.0247). On the other end, June was the most stable month, with a tight range of 0.0004 THB (High: 0.0282 / Low: 0.0278).

September Spread (Volatile) ±0.0015

June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0281) against the same month in 2023 (average: 0.0236), the exchange rate shifted by +0.0045 (+19.09%).

2024 Avg (April) 0.0281

2023 Avg (April) 0.0236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0273	0.0262	0.0269
February	0.0276	0.0269	0.0274
March	0.0279	0.0270	0.0275
April	0.0284	0.0277	0.0281
May	0.0282	0.0276	0.0280
June	0.0282	0.0278	0.0280
July	0.0281	0.0271	0.0277
August	0.0272	0.0259	0.0265
September	0.0262	0.0247	0.0254
October	0.0258	0.0249	0.0255
November	0.0267	0.0256	0.0263
December	0.0264	0.0257	0.0261