2024 TJS to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TJS to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TJS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 124.4133. Conversely, the yearly low was recorded on March 2, dropping to 119.2966.
This high-to-low spread represents a total annual volatility of 5.1167 IQD. From a start-to-finish perspective, comparing the January average rate of 119.8959 to the December average rate of 120.0042, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 124.4133 was down 14.70% compared to the 2023 peak of 145.8536, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TJS 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 120.3901, compared to 122.5568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1667 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 3.7521 IQD (High: 123.8598 / Low: 120.1077). On the other end, April was the most stable month, with a tight range of 0.5435 IQD (High: 120.0673 / Low: 119.5239).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.8478 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 123.3057) against the same month in 2023 (average: 119.3336), the exchange rate shifted by +3.9721 (+3.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 120.2106 | 119.4734 | 119.8959 |
| February | 120.1248 | 119.3594 | 119.7108 |
| March | 119.8608 | 119.2966 | 119.6339 |
| April | 120.0673 | 119.5239 | 119.7790 |
| May | 122.2044 | 119.9303 | 120.7366 |
| June | 123.8710 | 121.3108 | 122.5842 |
| July | 123.8132 | 122.3771 | 123.1038 |
| August | 124.4133 | 122.2377 | 123.3057 |
| September | 123.6772 | 122.7359 | 123.0694 |
| October | 123.3560 | 122.7682 | 123.0059 |
| November | 123.8598 | 120.1077 | 122.8520 |
| December | 120.2957 | 119.7414 | 120.0042 |