YEARLY HIGH
2.9780 IQD
YEARLY LOW
2.7563 IQD
YEARLY AVERAGE
2.8783 IQD

2024 KMF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KMF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 2.9780. Conversely, the yearly low was recorded on December 18, dropping to 2.7563.

This high-to-low spread represents a total annual volatility of 0.2217 IQD. From a start-to-finish perspective, comparing the January average rate of 2.9019 to the December average rate of 2.7866, the exchange rate registered a net change of -3.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9780 was down 9.19% compared to the 2023 peak of 3.2795, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,890 IQD
2023 Average 14,917 IQD
Yearly Trough Low 13,782 IQD
Transaction Impact: A difference of 1,108.32 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9711
2.7698
JanuMarcMayJulySeptNove

KMF 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 2.8762, compared to 2.8803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 2.8762
H2 Avg (Jul–Dec) 2.8803

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1358 IQD (High: 2.9079 / Low: 2.7721). On the other end, February was the most stable month, with a tight range of 0.0462 IQD (High: 2.8960 / Low: 2.8499).

November Spread (Volatile) ±0.1358
February Spread (Stable) ±0.0462

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0717 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0717

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.9543) against the same month in 2023 (average: 2.8413), the exchange rate shifted by +0.1130 (+3.98%).

2024 Avg (September) 2.9543
2023 Avg (September) 2.8413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9488 2.8751 2.9019
February 2.8960 2.8499 2.8730
March 2.9124 2.8654 2.8894
April 2.8896 2.8179 2.8535
May 2.8984 2.8397 2.8728
June 2.9144 2.8384 2.8667
July 2.9081 2.8514 2.8831
August 2.9702 2.8434 2.9241
September 2.9780 2.9306 2.9543
October 2.9459 2.8734 2.9027
November 2.9079 2.7721 2.8310
December 2.8145 2.7563 2.7866