2024 PYG to IQD Historical Review

YEARLY HIGH

0.1806 IQD

YEARLY LOW

0.1637 IQD

YEARLY AVERAGE

0.1734 IQD

2024 PYG to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.1806. Conversely, the yearly low was recorded on October 27, dropping to 0.1637.

This high-to-low spread represents a total annual volatility of 0.0169 IQD. From a start-to-finish perspective, comparing the January average rate of 0.1799 to the December average rate of 0.1678, the exchange rate registered a net change of -6.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1806 was down 12.00% compared to the 2023 peak of 0.2052, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 903 IQD

2023 Average 932 IQD

Yearly Trough Low 818 IQD

Transaction Impact: A difference of 84.65 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1812

0.1652

JanuMarcMayJulySeptNove

PYG 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 0.1774, compared to 0.1694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.1774

H2 Avg (Jul–Dec) 0.1694

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0045 IQD (High: 0.1682 / Low: 0.1637). On the other end, February was the most stable month, with a tight range of 0.0010 IQD (High: 0.1804 / Low: 0.1794).

October Spread (Volatile) ±0.0045

February Spread (Stable) ±0.0010

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 August and September, when the average rate fell by 0.0037 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1799) against the same month in 2023 (average: 0.1979), the exchange rate shifted by -0.0180 (-9.11%).

2024 Avg (January) 0.1799

2023 Avg (January) 0.1979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1806	0.1793	0.1799
February	0.1804	0.1794	0.1798
March	0.1800	0.1772	0.1790
April	0.1781	0.1753	0.1771
May	0.1755	0.1736	0.1746
June	0.1751	0.1737	0.1740
July	0.1740	0.1727	0.1735
August	0.1733	0.1706	0.1725
September	0.1708	0.1677	0.1688
October	0.1682	0.1637	0.1665
November	0.1689	0.1658	0.1676
December	0.1685	0.1673	0.1678