YEARLY HIGH
0.0630 IQD
YEARLY LOW
0.0619 IQD
YEARLY AVERAGE
0.0625 IQD

2024 SLL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0630. Conversely, the yearly low was recorded on August 3, dropping to 0.0619.

This high-to-low spread represents a total annual volatility of 0.0011 IQD. From a start-to-finish perspective, comparing the January average rate of 0.0625 to the December average rate of 0.0625, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0630 was down 24.40% compared to the 2023 peak of 0.0834, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 315 IQD
2023 Average 359 IQD
Yearly Trough Low 310 IQD
Transaction Impact: A difference of 5.69 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0625
0.0624
JanuMarcMayJulySeptNove

SLL 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 0.0625, compared to 0.0625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0625
H2 Avg (Jul–Dec) 0.0625

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0007 IQD (High: 0.0630 / Low: 0.0623). On the other end, July was the most stable month, with a tight range of 0.0002 IQD (High: 0.0625 / Low: 0.0623).

February Spread (Volatile) ±0.0007
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0625) against the same month in 2023 (average: 0.0826), the exchange rate shifted by -0.0202 (-24.39%).

2024 Avg (February) 0.0625
2023 Avg (February) 0.0826

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0626 0.0622 0.0625
February 0.0630 0.0623 0.0625
March 0.0626 0.0622 0.0624
April 0.0626 0.0623 0.0625
May 0.0626 0.0621 0.0624
June 0.0629 0.0623 0.0625
July 0.0625 0.0623 0.0624
August 0.0626 0.0619 0.0624
September 0.0628 0.0623 0.0625
October 0.0627 0.0624 0.0625
November 0.0628 0.0624 0.0625
December 0.0626 0.0622 0.0625