2024 SYP to IQD Historical Review

YEARLY HIGH

0.5262 IQD

YEARLY LOW

0.1003 IQD

YEARLY AVERAGE

0.5089 IQD

2024 SYP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.5262. Conversely, the yearly low was recorded on December 22, dropping to 0.1003.

This high-to-low spread represents a total annual volatility of 0.4258 IQD. From a start-to-finish perspective, comparing the January average rate of 0.5213 to the December average rate of 0.3721, the exchange rate registered a net change of -28.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5262 was down 10.25% compared to the 2023 peak of 0.5863, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,631 IQD

2023 Average 2,704 IQD

Yearly Trough Low 502 IQD

Transaction Impact: A difference of 2,129.15 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5366

0.3571

JanuMarcMayJulySeptNove

SYP 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 0.5213, compared to 0.4964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 0.5213

H2 Avg (Jul–Dec) 0.4964

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.4218 IQD (High: 0.5221 / Low: 0.1003). On the other end, July was the most stable month, with a tight range of 0.0020 IQD (High: 0.5218 / Low: 0.5199).

December Spread (Volatile) ±0.4218

July Spread (Stable) ±0.0020

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 November and December, when the average rate fell by 0.1496 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1496

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5215) against the same month in 2023 (average: 0.5810), the exchange rate shifted by -0.0595 (-10.24%).

2024 Avg (February) 0.5215

2023 Avg (February) 0.5810

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5224	0.5193	0.5213
February	0.5262	0.5203	0.5215
March	0.5227	0.5191	0.5211
April	0.5227	0.5200	0.5212
May	0.5224	0.5186	0.5212
June	0.5248	0.5201	0.5214
July	0.5218	0.5199	0.5212
August	0.5221	0.5167	0.5205
September	0.5240	0.5201	0.5215
October	0.5235	0.5211	0.5217
November	0.5243	0.5204	0.5216
December	0.5221	0.1003	0.3721