2024 XCD to IQD Historical Review

YEARLY HIGH

489.1829 IQD

YEARLY LOW

480.3522 IQD

YEARLY AVERAGE

484.6303 IQD

2024 XCD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 489.1829. Conversely, the yearly low was recorded on August 3, dropping to 480.3522.

This high-to-low spread represents a total annual volatility of 8.8307 IQD. From a start-to-finish perspective, comparing the January average rate of 484.6272 to the December average rate of 484.5625, 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 489.1829 was down 10.25% compared to the 2023 peak of 545.0695, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,445,915 IQD

2023 Average 2,513,738 IQD

Yearly Trough Low 2,401,761 IQD

Transaction Impact: A difference of 44,153.41 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

485.1057

483.8355

JanuMarcMayJulySeptNove

XCD 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 484.6174, compared to 484.6433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0258 points.

H1 Avg (Jan–Jun) 484.6174

H2 Avg (Jul–Dec) 484.6433

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 5.4826 IQD (High: 489.1829 / Low: 483.7003). On the other end, July was the most stable month, with a tight range of 1.8173 IQD (High: 485.1501 / Low: 483.3328).

February Spread (Volatile) ±5.4826

July Spread (Stable) ±1.8173

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 0.6172 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 484.8105) against the same month in 2023 (average: 540.1475), the exchange rate shifted by -55.3370 (-10.24%).

2024 Avg (February) 484.8105

2023 Avg (February) 540.1475

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	485.7113	482.7808	484.6272
February	489.1829	483.7003	484.8105
March	485.9910	482.5644	484.4344
April	485.9397	483.3917	484.5664
May	485.6703	482.1766	484.5106
June	487.9105	483.5616	484.7553
July	485.1501	483.3328	484.5585
August	485.4235	480.3522	483.9413
September	487.1890	483.5359	484.8378
October	486.7121	484.5014	484.9999
November	487.4261	483.8147	484.9596
December	485.4346	482.7806	484.5625