2024 LBP to IQD Historical Review

YEARLY HIGH

0.0874 IQD

YEARLY LOW

0.0145 IQD

YEARLY AVERAGE

0.0250 IQD

2024 LBP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0874. Conversely, the yearly low was recorded on August 3, dropping to 0.0145.

This high-to-low spread represents a total annual volatility of 0.0729 IQD. From a start-to-finish perspective, comparing the January average rate of 0.0871 to the December average rate of 0.0146, the exchange rate registered a net change of -83.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0874 was down 90.96% compared to the 2023 peak of 0.9677, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 437 IQD

2023 Average 878 IQD

Yearly Trough Low 72 IQD

Transaction Impact: A difference of 364.68 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0944

0.0074

JanuMarcMayJulySeptNove

LBP 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 0.0355, compared to 0.0146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 0.0355

H2 Avg (Jul–Dec) 0.0146

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0728 IQD (High: 0.0874 / Low: 0.0146). On the other end, December was the most stable month, with a tight range of 0.0000 IQD (High: 0.0146 / Low: 0.0146).

February Spread (Volatile) ±0.0728

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0525 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0525

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0672) against the same month in 2023 (average: 0.2521), the exchange rate shifted by -0.1849 (-73.36%).

2024 Avg (February) 0.0672

2023 Avg (February) 0.2521

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0873	0.0870	0.0871
February	0.0874	0.0146	0.0672
March	0.0147	0.0146	0.0146
April	0.0147	0.0146	0.0146
May	0.0147	0.0146	0.0146
June	0.0147	0.0146	0.0146
July	0.0147	0.0146	0.0146
August	0.0147	0.0145	0.0146
September	0.0147	0.0146	0.0146
October	0.0146	0.0146	0.0146
November	0.0146	0.0146	0.0146
December	0.0146	0.0146	0.0146