2024 MAD to IQD Historical Review

YEARLY HIGH

136.2127 IQD

YEARLY LOW

128.8057 IQD

YEARLY AVERAGE

131.8066 IQD

2024 MAD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 136.2127. Conversely, the yearly low was recorded on April 17, dropping to 128.8057.

This high-to-low spread represents a total annual volatility of 7.4070 IQD. From a start-to-finish perspective, comparing the January average rate of 131.6108 to the December average rate of 130.7439, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 136.2127 was down 7.66% compared to the 2023 peak of 147.5195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 681,064 IQD

2023 Average 671,057 IQD

Yearly Trough Low 644,029 IQD

Transaction Impact: A difference of 37,035.07 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

135.2113

129.2420

JanuMarcMayJulySeptNove

MAD 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 130.7560, compared to 132.8572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1012 points.

H1 Avg (Jan–Jun) 130.7560

H2 Avg (Jul–Dec) 132.8572

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 4.2804 IQD (High: 135.9707 / Low: 131.6903). On the other end, March was the most stable month, with a tight range of 1.6424 IQD (High: 130.8362 / Low: 129.1939).

August Spread (Volatile) ±4.2804

March Spread (Stable) ±1.6424

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.6250 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.6250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 134.7139) against the same month in 2023 (average: 127.9892), the exchange rate shifted by +6.7247 (+5.25%).

2024 Avg (September) 134.7139

2023 Avg (September) 127.9892

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	132.9837	130.7055	131.6108
February	131.1878	129.2061	130.2712
March	130.8362	129.1939	130.2154
April	130.7059	128.8057	129.7394
May	132.2244	129.5483	131.0793
June	132.7240	130.3517	131.6197
July	133.7093	131.3094	132.8267
August	135.9707	131.6903	134.1035
September	136.2127	133.6478	134.7139
October	134.2864	131.8571	133.0889
November	133.4793	130.0809	131.6664
December	131.7612	129.6817	130.7439