2024 SOS to IQD Historical Review

YEARLY HIGH

2.2962 IQD

YEARLY LOW

2.2762 IQD

YEARLY AVERAGE

2.2925 IQD

2024 SOS to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 2.2962. Conversely, the yearly low was recorded on February 3, dropping to 2.2762.

This high-to-low spread represents a total annual volatility of 0.0201 IQD. From a start-to-finish perspective, comparing the January average rate of 2.2928 to the December average rate of 2.2921, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2962 was down 11.36% compared to the 2023 peak of 2.5905, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,481 IQD

2023 Average 11,933 IQD

Yearly Trough Low 11,381 IQD

Transaction Impact: A difference of 100.27 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2931

2.2916

JanuMarcMayJulySeptNove

SOS 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 2.2923, compared to 2.2926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 2.2923

H2 Avg (Jul–Dec) 2.2926

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0180 IQD (High: 2.2942 / Low: 2.2762). On the other end, December was the most stable month, with a tight range of 0.0014 IQD (High: 2.2925 / Low: 2.2912).

February Spread (Volatile) ±0.0180

December Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 2.2929) against the same month in 2023 (average: 2.3204), the exchange rate shifted by -0.0274 (-1.18%).

2024 Avg (May) 2.2929

2023 Avg (May) 2.3204

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2951	2.2904	2.2928
February	2.2942	2.2762	2.2917
March	2.2945	2.2847	2.2917
April	2.2932	2.2910	2.2921
May	2.2962	2.2906	2.2929
June	2.2952	2.2906	2.2928
July	2.2954	2.2914	2.2927
August	2.2942	2.2845	2.2924
September	2.2942	2.2920	2.2929
October	2.2942	2.2922	2.2930
November	2.2951	2.2920	2.2928
December	2.2925	2.2912	2.2921