2024 QAR to IQD Historical Review

YEARLY HIGH

361.8192 IQD

YEARLY LOW

358.3011 IQD

YEARLY AVERAGE

359.5374 IQD

2024 QAR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 361.8192. Conversely, the yearly low was recorded on August 4, dropping to 358.3011.

This high-to-low spread represents a total annual volatility of 3.5182 IQD. From a start-to-finish perspective, comparing the January average rate of 359.5014 to the December average rate of 359.4891, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 361.8192 was down 10.87% compared to the 2023 peak of 405.9427, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,809,096 IQD

2023 Average 1,864,610 IQD

Yearly Trough Low 1,791,505 IQD

Transaction Impact: A difference of 17,590.78 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

359.8421

359.3367

JanuMarcMayJulySeptNove

QAR 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 359.5077, compared to 359.5670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0594 points.

H1 Avg (Jan–Jun) 359.5077

H2 Avg (Jul–Dec) 359.5670

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 2.7276 IQD (High: 361.5450 / Low: 358.8174). On the other end, February was the most stable month, with a tight range of 0.9287 IQD (High: 359.8444 / Low: 358.9157).

September Spread (Volatile) ±2.7276

February Spread (Stable) ±0.9287

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 0.3109 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 359.8000) against the same month in 2023 (average: 359.3416), the exchange rate shifted by +0.4584 (+0.13%).

2024 Avg (November) 359.8000

2023 Avg (November) 359.3416

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	360.1323	358.3464	359.5014
February	359.8444	358.9157	359.5914
March	360.4066	358.4324	359.5042
April	360.3747	358.3074	359.5129
May	359.8918	358.4948	359.4143
June	360.4495	359.0034	359.5219
July	359.9373	358.7315	359.3788
August	360.1636	358.3011	359.4408
September	361.5450	358.8174	359.6958
October	360.1916	359.1059	359.5977
November	361.8192	359.3455	359.8000
December	360.1814	358.9415	359.4891