YEARLY HIGH
0.1928 YER
YEARLY LOW
0.1894 YER
YEARLY AVERAGE
0.1911 YER

2024 IQD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.1928. Conversely, the yearly low was recorded on February 4, dropping to 0.1894.

This high-to-low spread represents a total annual volatility of 0.0035 YER. From a start-to-finish perspective, comparing the January average rate of 0.1911 to the December average rate of 0.1910, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1928 was up 0.09% compared to the 2023 peak of 0.1927, 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 964 YER
2023 Average 924 YER
Yearly Trough Low 947 YER
Transaction Impact: A difference of 17.41 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1915
0.1906
JanuMarcMayJulySeptNove

IQD to YER 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 0.1911, compared to 0.1910 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) 0.1911
H2 Avg (Jul–Dec) 0.1910

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0021 YER (High: 0.1915 / Low: 0.1894). On the other end, July was the most stable month, with a tight range of 0.0007 YER (High: 0.1917 / Low: 0.1910).

February Spread (Volatile) ±0.0021
July Spread (Stable) ±0.0007

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1914) against the same month in 2023 (average: 0.1911), the exchange rate shifted by +0.0003 (+0.15%).

2024 Avg (August) 0.1914
2023 Avg (August) 0.1911

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1919 0.1906 0.1911
February 0.1915 0.1894 0.1910
March 0.1920 0.1906 0.1912
April 0.1917 0.1906 0.1912
May 0.1918 0.1906 0.1911
June 0.1916 0.1899 0.1911
July 0.1917 0.1910 0.1912
August 0.1928 0.1907 0.1914
September 0.1916 0.1901 0.1910
October 0.1912 0.1903 0.1910
November 0.1913 0.1897 0.1907
December 0.1915 0.1905 0.1910