2024 IQD to TWD Historical Review

YEARLY HIGH

0.0251 TWD

YEARLY LOW

0.0234 TWD

YEARLY AVERAGE

0.0245 TWD

2024 IQD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.0251. Conversely, the yearly low was recorded on January 1, dropping to 0.0234.

This high-to-low spread represents a total annual volatility of 0.0017 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0238 to the December average rate of 0.0249, the exchange rate registered a net change of 4.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0251 was up 1.07% compared to the 2023 peak of 0.0248, 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 126 TWD

2023 Average 115 TWD

Yearly Trough Low 117 TWD

Transaction Impact: A difference of 8.70 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0250

0.0237

JanuMarcMayJulySeptNove

IQD to TWD 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 0.0243, compared to 0.0247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0243

H2 Avg (Jul–Dec) 0.0247

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0008 TWD (High: 0.0251 / Low: 0.0243). On the other end, October was the most stable month, with a tight range of 0.0003 TWD (High: 0.0246 / Low: 0.0243).

August Spread (Volatile) ±0.0008

October Spread (Stable) ±0.0003

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 July and August, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0246) against the same month in 2023 (average: 0.0243), the exchange rate shifted by +0.0004 (+1.46%).

2024 Avg (August) 0.0246

2023 Avg (August) 0.0243

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0241	0.0234	0.0238
February	0.0242	0.0237	0.0240
March	0.0245	0.0239	0.0242
April	0.0249	0.0244	0.0247
May	0.0248	0.0245	0.0247
June	0.0249	0.0246	0.0247
July	0.0251	0.0247	0.0249
August	0.0251	0.0243	0.0246
September	0.0246	0.0241	0.0244
October	0.0246	0.0243	0.0245
November	0.0249	0.0243	0.0247
December	0.0251	0.0246	0.0249