2024 TZS to IQD Historical Review

YEARLY HIGH

0.5567 IQD

YEARLY LOW

0.4787 IQD

YEARLY AVERAGE

0.5015 IQD

2024 TZS to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.5567. Conversely, the yearly low was recorded on September 26, dropping to 0.4787.

This high-to-low spread represents a total annual volatility of 0.0780 IQD. From a start-to-finish perspective, comparing the January average rate of 0.5196 to the December average rate of 0.5318, the exchange rate registered a net change of 2.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5567 was down 11.60% compared to the 2023 peak of 0.6298, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,784 IQD

2023 Average 2,811 IQD

Yearly Trough Low 2,394 IQD

Transaction Impact: A difference of 389.98 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5370

0.4756

JanuMarcMayJulySeptNove

TZS 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 0.5099, compared to 0.4931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 0.5099

H2 Avg (Jul–Dec) 0.4931

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0605 IQD (High: 0.5567 / Low: 0.4962). On the other end, October was the most stable month, with a tight range of 0.0032 IQD (High: 0.4832 / Low: 0.4801).

December Spread (Volatile) ±0.0605

October Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0096 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5318) against the same month in 2023 (average: 0.5217), the exchange rate shifted by +0.0101 (+1.94%).

2024 Avg (December) 0.5318

2023 Avg (December) 0.5217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5216	0.5136	0.5196
February	0.5198	0.5133	0.5157
March	0.5147	0.5077	0.5128
April	0.5092	0.5044	0.5070
May	0.5068	0.5024	0.5046
June	0.5031	0.4892	0.4997
July	0.4952	0.4848	0.4901
August	0.4861	0.4795	0.4835
September	0.4825	0.4787	0.4807
October	0.4832	0.4801	0.4812
November	0.4962	0.4807	0.4915
December	0.5567	0.4962	0.5318