YEARLY HIGH
0.0342 UYU
YEARLY LOW
0.0287 UYU
YEARLY AVERAGE
0.0307 UYU

2024 IQD to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0342. Conversely, the yearly low was recorded on March 28, dropping to 0.0287.

This high-to-low spread represents a total annual volatility of 0.0055 UYU. From a start-to-finish perspective, comparing the January average rate of 0.0299 to the December average rate of 0.0336, the exchange rate registered a net change of 12.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0342 was up 10.88% compared to the 2023 peak of 0.0308, 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 171 UYU
2023 Average 143 UYU
Yearly Trough Low 143 UYU
Transaction Impact: A difference of 27.55 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0340
0.0289
JanuMarcMayJulySeptNove

IQD to UYU 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 0.0296, compared to 0.0317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0296
H2 Avg (Jul–Dec) 0.0317

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0015 UYU (High: 0.0322 / Low: 0.0307). On the other end, August was the most stable month, with a tight range of 0.0004 UYU (High: 0.0311 / Low: 0.0307).

September Spread (Volatile) ±0.0015
August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0005 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0336) against the same month in 2023 (average: 0.0300), the exchange rate shifted by +0.0036 (+12.08%).

2024 Avg (December) 0.0336
2023 Avg (December) 0.0300

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0301 0.0296 0.0299
February 0.0300 0.0296 0.0299
March 0.0299 0.0287 0.0294
April 0.0298 0.0287 0.0293
May 0.0296 0.0292 0.0294
June 0.0303 0.0295 0.0299
July 0.0309 0.0305 0.0307
August 0.0311 0.0307 0.0308
September 0.0322 0.0307 0.0313
October 0.0320 0.0313 0.0317
November 0.0328 0.0317 0.0323
December 0.0342 0.0328 0.0336