2024 IRR to IQD Historical Review

YEARLY HIGH

0.0314 IQD

YEARLY LOW

0.0308 IQD

YEARLY AVERAGE

0.0311 IQD

2024 IRR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0314. Conversely, the yearly low was recorded on August 3, dropping to 0.0308.

This high-to-low spread represents a total annual volatility of 0.0006 IQD. From a start-to-finish perspective, comparing the January average rate of 0.0311 to the December average rate of 0.0310, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0314 was down 10.35% compared to the 2023 peak of 0.0351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IRR based on timing:

Yearly Peak High 157 IQD

2023 Average 161 IQD

Yearly Trough Low 154 IQD

Transaction Impact: A difference of 3.04 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0312

0.0310

JanuMarcMayJulySeptNove

IRR to IQD 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 0.0311, compared to 0.0311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0311

H2 Avg (Jul–Dec) 0.0311

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0003 IQD (High: 0.0314 / Low: 0.0311). On the other end, April was the most stable month, with a tight range of 0.0002 IQD (High: 0.0312 / Low: 0.0311).

February Spread (Volatile) ±0.0003

April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0312) against the same month in 2023 (average: 0.0346), the exchange rate shifted by -0.0034 (-9.86%).

2024 Avg (February) 0.0312

2023 Avg (February) 0.0346

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0312	0.0310	0.0311
February	0.0314	0.0311	0.0312
March	0.0312	0.0310	0.0311
April	0.0312	0.0311	0.0311
May	0.0312	0.0310	0.0311
June	0.0313	0.0310	0.0311
July	0.0312	0.0310	0.0311
August	0.0312	0.0308	0.0311
September	0.0313	0.0310	0.0311
October	0.0312	0.0311	0.0311
November	0.0313	0.0311	0.0311
December	0.0312	0.0309	0.0310