YEARLY HIGH
0.0637 IQD
YEARLY LOW
0.0585 IQD
YEARLY AVERAGE
0.0607 IQD

2024 LAK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0637. Conversely, the yearly low was recorded on August 3, dropping to 0.0585.

This high-to-low spread represents a total annual volatility of 0.0053 IQD. From a start-to-finish perspective, comparing the January average rate of 0.0634 to the December average rate of 0.0598, the exchange rate registered a net change of -5.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0637 was down 26.50% compared to the 2023 peak of 0.0867, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 319 IQD
2023 Average 367 IQD
Yearly Trough Low 292 IQD
Transaction Impact: A difference of 26.28 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0639
0.0587
JanuMarcMayJulySeptNove

LAK 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 0.0620, compared to 0.0595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0620
H2 Avg (Jul–Dec) 0.0595

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0018 IQD (High: 0.0611 / Low: 0.0593). On the other end, September was the most stable month, with a tight range of 0.0002 IQD (High: 0.0594 / Low: 0.0592).

June Spread (Volatile) ±0.0018
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0012 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0634) against the same month in 2023 (average: 0.0859), the exchange rate shifted by -0.0225 (-26.18%).

2024 Avg (January) 0.0634
2023 Avg (January) 0.0859

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0637 0.0631 0.0634
February 0.0632 0.0627 0.0629
March 0.0628 0.0620 0.0626
April 0.0621 0.0614 0.0616
May 0.0614 0.0609 0.0613
June 0.0611 0.0593 0.0601
July 0.0593 0.0590 0.0592
August 0.0594 0.0585 0.0591
September 0.0594 0.0592 0.0593
October 0.0599 0.0590 0.0596
November 0.0601 0.0596 0.0597
December 0.0599 0.0597 0.0598