2024 SDG to IQD Historical Review

YEARLY HIGH

2.2962 IQD

YEARLY LOW

2.1582 IQD

YEARLY AVERAGE

2.1902 IQD

2024 SDG to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 2.2962. Conversely, the yearly low was recorded on August 3, dropping to 2.1582.

This high-to-low spread represents a total annual volatility of 0.1380 IQD. From a start-to-finish perspective, comparing the January average rate of 2.1793 to the December average rate of 2.1771, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2962 was down 10.54% compared to the 2023 peak of 2.5667, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,481 IQD

2023 Average 11,401 IQD

Yearly Trough Low 10,791 IQD

Transaction Impact: A difference of 690.00 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2388

2.1685

JanuMarcMayJulySeptNove

SDG 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 2.1987, compared to 2.1817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 2.1987

H2 Avg (Jul–Dec) 2.1817

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1280 IQD (High: 2.2962 / Low: 2.1682). On the other end, October was the most stable month, with a tight range of 0.0099 IQD (High: 2.1868 / Low: 2.1769).

May Spread (Volatile) ±0.1280

October Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0465 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0465

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 2.1864) against the same month in 2023 (average: 2.1985), the exchange rate shifted by -0.0121 (-0.55%).

2024 Avg (May) 2.1864

2023 Avg (May) 2.1985

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1841	2.1709	2.1793
February	2.2016	2.1751	2.1804
March	2.2432	2.1701	2.2054
April	2.2411	2.1809	2.2330
May	2.2962	2.1682	2.1864
June	2.2502	2.1751	2.2077
July	2.2361	2.1734	2.2022
August	2.1810	2.1582	2.1744
September	2.1889	2.1725	2.1784
October	2.1868	2.1769	2.1791
November	2.1900	2.1738	2.1789
December	2.1811	2.1691	2.1771