2024 WST to IQD Historical Review

YEARLY HIGH

472.1576 IQD

YEARLY LOW

463.6343 IQD

YEARLY AVERAGE

467.7635 IQD

2024 WST to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 472.1576. Conversely, the yearly low was recorded on August 3, dropping to 463.6343.

This high-to-low spread represents a total annual volatility of 8.5233 IQD. From a start-to-finish perspective, comparing the January average rate of 467.7605 to the December average rate of 467.6980, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 472.1576 was down 13.54% compared to the 2023 peak of 546.0799, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,360,788 IQD

2023 Average 2,487,973 IQD

Yearly Trough Low 2,318,171 IQD

Transaction Impact: A difference of 42,616.71 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

468.2223

466.9963

JanuMarcMayJulySeptNove

WST 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 467.7510, compared to 467.7759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0249 points.

H1 Avg (Jan–Jun) 467.7510

H2 Avg (Jul–Dec) 467.7759

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 5.2918 IQD (High: 472.1576 / Low: 466.8658). On the other end, July was the most stable month, with a tight range of 1.7540 IQD (High: 468.2651 / Low: 466.5111).

February Spread (Volatile) ±5.2918

July Spread (Stable) ±1.7540

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.5958 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5958

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 467.9374) against the same month in 2023 (average: 541.1487), the exchange rate shifted by -73.2114 (-13.53%).

2024 Avg (February) 467.9374

2023 Avg (February) 541.1487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	468.8068	465.9783	467.7605
February	472.1576	466.8658	467.9374
March	469.0768	465.7695	467.5744
April	469.0273	466.5679	467.7017
May	468.7672	465.3951	467.6479
June	470.9295	466.7319	467.8841
July	468.2651	466.5111	467.6942
August	468.5290	463.6343	467.0984
September	470.2330	466.7071	467.9637
October	469.7727	467.6391	468.1202
November	470.4619	466.9762	468.0812
December	468.5398	465.9781	467.6980