YEARLY HIGH
12.2980 IQD
YEARLY LOW
11.3626 IQD
YEARLY AVERAGE
11.8775 IQD

2024 XPF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XPF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 12.2980. Conversely, the yearly low was recorded on December 18, dropping to 11.3626.

This high-to-low spread represents a total annual volatility of 0.9354 IQD. From a start-to-finish perspective, comparing the January average rate of 11.9747 to the December average rate of 11.4923, the exchange rate registered a net change of -4.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.2980 was down 9.73% compared to the 2023 peak of 13.6236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,490 IQD
2023 Average 61,615 IQD
Yearly Trough Low 56,813 IQD
Transaction Impact: A difference of 4,676.87 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.2702
11.4216
JanuMarcMayJulySeptNove

XPF 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 11.8668, compared to 11.8883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 11.8668
H2 Avg (Jul–Dec) 11.8883

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5636 IQD (High: 12.0046 / Low: 11.4410). On the other end, May was the most stable month, with a tight range of 0.1865 IQD (High: 11.9520 / Low: 11.7655).

November Spread (Volatile) ±0.5636
May Spread (Stable) ±0.1865

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 0.2959 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2959

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 12.0828) against the same month in 2023 (average: 11.9740), the exchange rate shifted by +0.1089 (+0.91%).

2024 Avg (August) 12.0828
2023 Avg (August) 11.9740

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1404 11.8481 11.9747
February 11.9426 11.7557 11.8521
March 12.0238 11.8217 11.9269
April 11.9206 11.6562 11.7661
May 11.9520 11.7655 11.8655
June 11.9639 11.7132 11.8151
July 12.0045 11.7820 11.9117
August 12.2980 11.8296 12.0828
September 12.2878 12.0852 12.1995
October 12.1408 11.8333 11.9698
November 12.0046 11.4410 11.6739
December 11.6264 11.3626 11.4923