2024 PLN to IQD Historical Review

YEARLY HIGH

344.6151 IQD

YEARLY LOW

284.9054 IQD

YEARLY AVERAGE

329.0488 IQD

2024 PLN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 344.6151. Conversely, the yearly low was recorded on January 1, dropping to 284.9054.

This high-to-low spread represents a total annual volatility of 59.7097 IQD. From a start-to-finish perspective, comparing the January average rate of 326.0488 to the December average rate of 321.2179, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 344.6151 was down 2.29% compared to the 2023 peak of 352.6960, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 6,892,302 IQD

2023 Average 6,474,059 IQD

Yearly Trough Low 5,698,109 IQD

Transaction Impact: A difference of 1,194,193.08 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

342.2709

319.3040

JanuMarcMayJulySeptNove

PLN 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 327.7611, compared to 330.3364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5753 points.

H1 Avg (Jan–Jun) 327.7611

H2 Avg (Jul–Dec) 330.3364

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 46.5432 IQD (High: 331.4486 / Low: 284.9054). On the other end, February was the most stable month, with a tight range of 6.9140 IQD (High: 330.2296 / Low: 323.3156).

January Spread (Volatile) ±46.5432

February Spread (Stable) ±6.9140

Growth Streaks & Declines

Trends

Between June and September, 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 9.4845 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -9.4845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 340.3570) against the same month in 2023 (average: 303.9784), the exchange rate shifted by +36.3786 (+11.97%).

2024 Avg (September) 340.3570

2023 Avg (September) 303.9784

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	331.4486	284.9054	326.0488
February	330.2296	323.3156	327.0205
March	334.9795	326.2113	330.3796
April	333.3689	318.5021	326.2752
May	334.8470	324.4336	330.5757
June	334.1005	319.3956	326.2670
July	335.8306	325.6670	331.9912
August	343.8001	328.1172	336.0848
September	344.6151	336.2383	340.3570
October	337.8312	324.8951	330.8725
November	328.8927	314.7288	321.4949
December	325.2194	316.9495	321.2179