2024 RUB to IQD Historical Review

YEARLY HIGH

15.6924 IQD

YEARLY LOW

11.5182 IQD

YEARLY AVERAGE

14.1508 IQD

2024 RUB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 15.6924. Conversely, the yearly low was recorded on December 31, dropping to 11.5182.

This high-to-low spread represents a total annual volatility of 4.1742 IQD. From a start-to-finish perspective, comparing the January average rate of 14.6623 to the December average rate of 12.6282, the exchange rate registered a net change of -13.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.6924 was down 28.85% compared to the 2023 peak of 22.0549, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,462 IQD

2023 Average 80,775 IQD

Yearly Trough Low 57,591 IQD

Transaction Impact: A difference of 20,871.19 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.2333

12.3913

JanuMarcMayJulySeptNove

RUB 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 14.4175, compared to 13.8841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5334 points.

H1 Avg (Jan–Jun) 14.4175

H2 Avg (Jul–Dec) 13.8841

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.0645 IQD (High: 13.6482 / Low: 11.5837). On the other end, March was the most stable month, with a tight range of 0.3410 IQD (High: 14.4349 / Low: 14.0939).

November Spread (Volatile) ±2.0645

March Spread (Stable) ±0.3410

Growth Streaks & Declines

Trends

Between April and July, 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 0.7397 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 14.8665) against the same month in 2023 (average: 15.7105), the exchange rate shifted by -0.8440 (-5.37%).

2024 Avg (June) 14.8665

2023 Avg (June) 15.7105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.9208	14.2316	14.6623
February	14.5280	13.8080	14.2684
March	14.4349	14.0939	14.2535
April	14.2490	13.8869	14.0828
May	14.8187	14.0087	14.3712
June	15.6924	14.4781	14.8665
July	15.4137	14.7222	14.9965
August	15.4288	14.2232	14.7059
September	14.9340	13.8986	14.3557
October	13.8744	13.4341	13.6160
November	13.6482	11.5837	13.0024
December	13.2559	11.5182	12.6282