2024 KWD to IQD Historical Review

YEARLY HIGH

4311.2254 IQD

YEARLY LOW

4239.0961 IQD

YEARLY AVERAGE

4268.1909 IQD

2024 KWD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 4311.2254. Conversely, the yearly low was recorded on December 21, dropping to 4239.0961.

This high-to-low spread represents a total annual volatility of 72.1293 IQD. From a start-to-finish perspective, comparing the January average rate of 4258.3547 to the December average rate of 4255.6470, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4311.2254 was down 10.97% compared to the 2023 peak of 4842.1939, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,556,127 IQD

2023 Average 22,109,466 IQD

Yearly Trough Low 21,195,480 IQD

Transaction Impact: A difference of 360,646.53 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4296.9053

4249.3936

JanuMarcMayJulySeptNove

KWD 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 4260.4931, compared to 4275.8887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.3956 points.

H1 Avg (Jan–Jun) 4260.4931

H2 Avg (Jul–Dec) 4275.8887

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 46.7820 IQD (High: 4297.6612 / Low: 4250.8792). On the other end, July was the most stable month, with a tight range of 15.6630 IQD (High: 4287.9543 / Low: 4272.2913).

November Spread (Volatile) ±46.7820

July Spread (Stable) ±15.6630

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 15.0882 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -15.0882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 4292.9460) against the same month in 2023 (average: 4241.6671), the exchange rate shifted by +51.2789 (+1.21%).

2024 Avg (September) 4292.9460

2023 Avg (September) 4241.6671

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4264.3723	4242.5437	4258.3547
February	4287.8453	4248.8009	4256.6769
March	4273.6730	4239.7053	4258.5314
April	4266.0310	4239.2462	4253.3529
May	4278.7601	4249.7541	4262.7783
June	4300.6559	4263.6949	4273.2643
July	4287.9543	4272.2913	4281.7977
August	4297.7693	4253.1492	4280.3187
September	4311.2254	4279.8373	4292.9460
October	4296.9733	4270.7253	4277.8578
November	4297.6612	4250.8792	4266.7647
December	4270.9296	4239.0961	4255.6470