2024 KZT to IQD Historical Review

YEARLY HIGH

2.9828 IQD

YEARLY LOW

2.4924 IQD

YEARLY AVERAGE

2.7963 IQD

2024 KZT to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KZT to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 2.9828. Conversely, the yearly low was recorded on December 4, dropping to 2.4924.

This high-to-low spread represents a total annual volatility of 0.4904 IQD. From a start-to-finish perspective, comparing the January average rate of 2.8995 to the December average rate of 2.5137, the exchange rate registered a net change of -13.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9828 was down 11.89% compared to the 2023 peak of 3.3855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,914 IQD

2023 Average 14,893 IQD

Yearly Trough Low 12,462 IQD

Transaction Impact: A difference of 2,452.00 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0056

2.4690

JanuMarcMayJulySeptNove

KZT 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 2.9149, compared to 2.6777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2372 points.

H1 Avg (Jan–Jun) 2.9149

H2 Avg (Jul–Dec) 2.6777

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.1733 IQD (High: 2.9460 / Low: 2.7727). On the other end, September was the most stable month, with a tight range of 0.0341 IQD (High: 2.7437 / Low: 2.7095).

June Spread (Volatile) ±0.1733

September Spread (Stable) ±0.0341

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1261 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 2.9609) against the same month in 2023 (average: 2.9573), the exchange rate shifted by +0.0036 (+0.12%).

2024 Avg (May) 2.9609

2023 Avg (May) 2.9573

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9439	2.8640	2.8995
February	2.9332	2.8760	2.9069
March	2.9337	2.8964	2.9142
April	2.9673	2.9162	2.9355
May	2.9828	2.9316	2.9609
June	2.9460	2.7727	2.8724
July	2.7734	2.7272	2.7555
August	2.7651	2.7103	2.7327
September	2.7437	2.7095	2.7277
October	2.7235	2.6408	2.6968
November	2.6803	2.5321	2.6398
December	2.5767	2.4924	2.5137