YEARLY HIGH
1779.6690 IQD
YEARLY LOW
1708.3078 IQD
YEARLY AVERAGE
1739.1872 IQD

2024 XDR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 1779.6690. Conversely, the yearly low was recorded on December 29, dropping to 1708.3078.

This high-to-low spread represents a total annual volatility of 71.3612 IQD. From a start-to-finish perspective, comparing the January average rate of 1748.8852 to the December average rate of 1717.6529, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1779.6690 was down 11.03% compared to the 2023 peak of 2000.2054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,898,345 IQD
2023 Average 9,068,907 IQD
Yearly Trough Low 8,541,539 IQD
Transaction Impact: A difference of 356,805.94 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1772.6814
1712.6504
JanuMarcMayJulySeptNove

XDR 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 1736.4114, compared to 1741.9629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.5515 points.

H1 Avg (Jan–Jun) 1736.4114
H2 Avg (Jul–Dec) 1741.9629

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 44.6988 IQD (High: 1756.0656 / Low: 1711.3669). On the other end, May was the most stable month, with a tight range of 13.2835 IQD (High: 1734.5716 / Low: 1721.2882).

November Spread (Volatile) ±44.6988
May Spread (Stable) ±13.2835

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 22.5427 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -22.5427

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1767.6788) against the same month in 2023 (average: 1731.2675), the exchange rate shifted by +36.4113 (+2.10%).

2024 Avg (September) 1767.6788
2023 Avg (September) 1731.2675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1758.2086 1743.4318 1748.8852
February 1747.7036 1728.6723 1739.0122
March 1750.1109 1733.2384 1741.0872
April 1737.7647 1721.6975 1729.5425
May 1734.5716 1721.2882 1730.7799
June 1745.2499 1722.1285 1729.1617
July 1737.8650 1722.3238 1731.7482
August 1765.0351 1723.0236 1747.5090
September 1779.6690 1762.8276 1767.6788
October 1775.7274 1739.6659 1754.8657
November 1756.0656 1711.3669 1732.3230
December 1726.2465 1708.3078 1717.6529