2024 TWD to IQD Historical Review

YEARLY HIGH

42.7805 IQD

YEARLY LOW

39.8166 IQD

YEARLY AVERAGE

40.8141 IQD

2024 TWD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 42.7805. Conversely, the yearly low was recorded on August 3, dropping to 39.8166.

This high-to-low spread represents a total annual volatility of 2.9639 IQD. From a start-to-finish perspective, comparing the January average rate of 41.9918 to the December average rate of 40.2026, the exchange rate registered a net change of -4.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 42.7805 was down 12.93% compared to the 2023 peak of 49.1340, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 213,902 IQD

2023 Average 218,390 IQD

Yearly Trough Low 199,083 IQD

Transaction Impact: A difference of 14,819.47 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

42.1777

39.9465

JanuMarcMayJulySeptNove

TWD 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 41.0809, compared to 40.5473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5336 points.

H1 Avg (Jan–Jun) 41.0809

H2 Avg (Jul–Dec) 40.5473

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.3609 IQD (High: 41.1775 / Low: 39.8166). On the other end, October was the most stable month, with a tight range of 0.4480 IQD (High: 41.0795 / Low: 40.6315).

August Spread (Volatile) ±1.3609

October Spread (Stable) ±0.4480

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.8392 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 41.9918) against the same month in 2023 (average: 48.0315), the exchange rate shifted by -6.0397 (-12.57%).

2024 Avg (January) 41.9918

2023 Avg (January) 48.0315

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.7805	41.5068	41.9918
February	42.1156	41.2857	41.6930
March	41.7600	40.8120	41.3263
April	40.9613	40.1320	40.4872
May	40.8973	40.2755	40.5437
June	40.6968	40.1937	40.4432
July	40.4574	39.8644	40.1324
August	41.1775	39.8166	40.5746
September	41.4688	40.7236	41.0085
October	41.0795	40.6315	40.8376
November	41.1518	40.2023	40.5279
December	40.5767	39.9048	40.2026