2024 VND to IQD Historical Review

YEARLY HIGH

0.0543 IQD

YEARLY LOW

0.0512 IQD

YEARLY AVERAGE

0.0523 IQD

2024 VND to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0543. Conversely, the yearly low was recorded on May 18, dropping to 0.0512.

This high-to-low spread represents a total annual volatility of 0.0031 IQD. From a start-to-finish perspective, comparing the January average rate of 0.0535 to the December average rate of 0.0515, the exchange rate registered a net change of -3.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0543 was down 13.58% compared to the 2023 peak of 0.0628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 542,896 IQD

2023 Average 570,418 IQD

Yearly Trough Low 512,056 IQD

Transaction Impact: A difference of 30,840.43 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0537

0.0513

JanuMarcMayJulySeptNove

VND 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 0.0525, compared to 0.0521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0525

H2 Avg (Jul–Dec) 0.0521

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0017 IQD (High: 0.0532 / Low: 0.0515). On the other end, December was the most stable month, with a tight range of 0.0004 IQD (High: 0.0517 / Low: 0.0513).

October Spread (Volatile) ±0.0017

December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0535) against the same month in 2023 (average: 0.0617), the exchange rate shifted by -0.0082 (-13.36%).

2024 Avg (February) 0.0535

2023 Avg (February) 0.0617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0541	0.0532	0.0535
February	0.0543	0.0531	0.0535
March	0.0532	0.0526	0.0530
April	0.0528	0.0514	0.0520
May	0.0517	0.0512	0.0515
June	0.0519	0.0513	0.0515
July	0.0519	0.0514	0.0516
August	0.0528	0.0515	0.0522
September	0.0535	0.0526	0.0532
October	0.0532	0.0515	0.0523
November	0.0521	0.0515	0.0517
December	0.0517	0.0513	0.0515