YEARLY HIGH
0.0454 PHP
YEARLY LOW
0.0422 PHP
YEARLY AVERAGE
0.0437 PHP

2024 IQD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0454. Conversely, the yearly low was recorded on January 1, dropping to 0.0422.

This high-to-low spread represents a total annual volatility of 0.0032 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0427 to the December average rate of 0.0446, the exchange rate registered a net change of 4.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0454 was up 3.77% compared to the 2023 peak of 0.0437, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 227 PHP
2023 Average 205 PHP
Yearly Trough Low 211 PHP
Transaction Impact: A difference of 15.83 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0450
0.0425
JanuMarcMayJulySeptNove

IQD to PHP 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: JanтАУJun) was 0.0434, compared to 0.0440 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0006 points.

H1 Avg (JanтАУJun) 0.0434
H2 Avg (JulтАУDec) 0.0440

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0017 PHP (High: 0.0446 / Low: 0.0429). On the other end, July was the most stable month, with a tight range of 0.0004 PHP (High: 0.0449 / Low: 0.0444).

October Spread (Volatile) ┬▒0.0017
July Spread (Stable) ┬▒0.0004

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0446) against the same month in 2023 (average: 0.0424), the exchange rate shifted by +0.0023 (+5.33%).

2024 Avg (December) 0.0446
2023 Avg (December) 0.0424

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.0431 0.0422 0.0427
February 0.0430 0.0424 0.0428
March 0.0432 0.0422 0.0427
April 0.0441 0.0430 0.0436
May 0.0447 0.0436 0.0441
June 0.0450 0.0446 0.0448
July 0.0449 0.0444 0.0447
August 0.0446 0.0429 0.0436
September 0.0433 0.0424 0.0428
October 0.0446 0.0429 0.0439
November 0.0451 0.0444 0.0448
December 0.0454 0.0441 0.0446