2024 UYU to IQD Historical Review

YEARLY HIGH

34.8932 IQD

YEARLY LOW

29.2666 IQD

YEARLY AVERAGE

32.6475 IQD

2024 UYU to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UYU to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 34.8932. Conversely, the yearly low was recorded on December 20, dropping to 29.2666.

This high-to-low spread represents a total annual volatility of 5.6266 IQD. From a start-to-finish perspective, comparing the January average rate of 33.4360 to the December average rate of 29.7811, the exchange rate registered a net change of -10.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 34.8932 was down 8.62% compared to the 2023 peak of 38.1832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174,466 IQD

2023 Average 174,998 IQD

Yearly Trough Low 146,333 IQD

Transaction Impact: A difference of 28,133.08 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

34.5181

29.3505

JanuMarcMayJulySeptNove

UYU 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 33.7513, compared to 31.5438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2075 points.

H1 Avg (Jan–Jun) 33.7513

H2 Avg (Jul–Dec) 31.5438

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 1.4830 IQD (High: 32.5844 / Low: 31.1014). On the other end, August was the most stable month, with a tight range of 0.4094 IQD (High: 32.5668 / Low: 32.1574).

September Spread (Volatile) ±1.4830

August Spread (Stable) ±0.4094

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 1.1680 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1680

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 34.0414) against the same month in 2023 (average: 37.2853), the exchange rate shifted by -3.2439 (-8.70%).

2024 Avg (March) 34.0414

2023 Avg (March) 37.2853

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.8380	33.2019	33.4360
February	33.8254	33.3628	33.4883
March	34.8932	33.4210	34.0414
April	34.8763	33.5818	34.0875
May	34.2900	33.7584	34.0234
June	33.9484	33.0184	33.4312
July	32.7989	32.3764	32.6025
August	32.5668	32.1574	32.4280
September	32.5844	31.1014	31.9900
October	31.9490	31.2641	31.5119
November	31.5577	30.5199	30.9491
December	30.4722	29.2666	29.7811