2024 SBD to IQD Historical Review

YEARLY HIGH

158.7434 IQD

YEARLY LOW

149.7401 IQD

YEARLY AVERAGE

155.4961 IQD

2024 SBD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 158.7434. Conversely, the yearly low was recorded on March 12, dropping to 149.7401.

This high-to-low spread represents a total annual volatility of 9.0033 IQD. From a start-to-finish perspective, comparing the January average rate of 155.5373 to the December average rate of 156.2854, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 158.7434 was down 11.66% compared to the 2023 peak of 179.7034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 793,717 IQD

2023 Average 814,377 IQD

Yearly Trough Low 748,700 IQD

Transaction Impact: A difference of 45,016.44 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

158.1375

153.8946

JanuMarcMayJulySeptNove

SBD 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 154.7966, compared to 156.1957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3990 points.

H1 Avg (Jan–Jun) 154.7966

H2 Avg (Jul–Dec) 156.1957

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 6.1615 IQD (High: 155.9016 / Low: 149.7401). On the other end, May was the most stable month, with a tight range of 0.9387 IQD (High: 154.6804 / Low: 153.7417).

March Spread (Volatile) ±6.1615

May Spread (Stable) ±0.9387

Growth Streaks & Declines

Trends

Between May and July, 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 October and November, when the average rate fell by 1.0210 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 157.7839) against the same month in 2023 (average: 155.2388), the exchange rate shifted by +2.5451 (+1.64%).

2024 Avg (October) 157.7839

2023 Avg (October) 155.2388

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	156.8687	154.7913	155.5373
February	156.9013	153.9100	154.9988
March	155.9016	149.7401	154.6496
April	155.2101	153.1479	154.4510
May	154.6804	153.7417	154.3193
June	155.4497	154.1948	154.8238
July	155.9285	154.3275	154.9853
August	155.8759	152.9003	154.2482
September	158.5809	154.5507	157.1081
October	158.7434	156.8771	157.7839
November	157.9346	155.8737	156.7629
December	157.1323	155.6306	156.2854