2024 THB to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 THB to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the THB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 40.4876. Conversely, the yearly low was recorded on April 30, dropping to 35.2238.
This high-to-low spread represents a total annual volatility of 5.2638 IQD. From a start-to-finish perspective, comparing the January average rate of 37.2423 to the December average rate of 38.3432, the exchange rate registered a net change of 2.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 40.4876 was down 9.44% compared to the 2023 peak of 44.7061, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
THB to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 36.2198, compared to 38.1569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9370 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 2.2806 IQD (High: 40.4876 / Low: 38.2071). On the other end, June was the most stable month, with a tight range of 0.4982 IQD (High: 35.9473 / Low: 35.4491).
Growth Streaks & Declines
TrendsBetween June and September, 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 October and November, when the average rate fell by 1.1811 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 39.4001) against the same month in 2023 (average: 36.5758), the exchange rate shifted by +2.8242 (+7.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.2224 | 36.6280 | 37.2423 |
| February | 37.1412 | 36.2650 | 36.5538 |
| March | 37.0559 | 35.8348 | 36.4307 |
| April | 36.0552 | 35.2238 | 35.6265 |
| May | 36.2962 | 35.4233 | 35.7741 |
| June | 35.9473 | 35.4491 | 35.6914 |
| July | 36.8933 | 35.5842 | 36.1477 |
| August | 38.6765 | 36.7720 | 37.6920 |
| September | 40.4876 | 38.2071 | 39.4001 |
| October | 40.2274 | 38.7204 | 39.2697 |
| November | 39.0626 | 37.4750 | 38.0886 |
| December | 38.8585 | 37.8558 | 38.3432 |