2024 UAH to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 UAH to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the UAH to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 35.0186. Conversely, the yearly low was recorded on December 30, dropping to 31.1285.
This high-to-low spread represents a total annual volatility of 3.8901 IQD. From a start-to-finish perspective, comparing the January average rate of 34.6108 to the December average rate of 31.3478, the exchange rate registered a net change of -9.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 35.0186 was down 12.67% compared to the 2023 peak of 40.1006, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UAH based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
UAH 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 33.5810, compared to 31.7019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8791 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 1.0568 IQD (High: 34.3939 / Low: 33.3371). On the other end, October was the most stable month, with a tight range of 0.1537 IQD (High: 31.8189 / Low: 31.6652).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6696 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 34.6108) against the same month in 2023 (average: 39.7094), the exchange rate shifted by -5.0987 (-12.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.0186 | 34.2557 | 34.6108 |
| February | 34.9587 | 33.9089 | 34.4896 |
| March | 34.3939 | 33.3371 | 33.8201 |
| April | 33.7315 | 32.8658 | 33.2586 |
| May | 33.3395 | 32.3146 | 32.9540 |
| June | 32.6484 | 32.0803 | 32.3531 |
| July | 32.3239 | 31.4565 | 31.9362 |
| August | 31.9711 | 31.4811 | 31.7603 |
| September | 31.9633 | 31.5667 | 31.7514 |
| October | 31.8189 | 31.6652 | 31.7586 |
| November | 31.7930 | 31.4641 | 31.6571 |
| December | 31.6333 | 31.1285 | 31.3478 |