2016 AFN to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 AFN to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the AFN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 18.0640. Conversely, the yearly low was recorded on February 21, dropping to 15.6750.
This high-to-low spread represents a total annual volatility of 2.3890 IQD. From a start-to-finish perspective, comparing the January average rate of 15.9213 to the December average rate of 17.7013, the exchange rate registered a net change of 11.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 18.0640 was down 13.04% compared to the 2015 peak of 20.7719, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
AFN to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.1916, compared to 17.4448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2532 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 1.0536 IQD (High: 17.1784 / Low: 16.1248). On the other end, October was the most stable month, with a tight range of 0.1004 IQD (High: 17.7201 / Low: 17.6197).
Growth Streaks & Declines
TrendsBetween February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1643 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 17.7013) against the same month in 2015 (average: 16.2427), the exchange rate shifted by +1.4585 (+8.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.0788 | 15.8287 | 15.9213 |
| February | 15.9495 | 15.6750 | 15.8078 |
| March | 15.9495 | 15.8358 | 15.8958 |
| April | 16.2015 | 15.8542 | 16.0122 |
| May | 17.1784 | 16.1248 | 16.5477 |
| June | 17.1393 | 16.7108 | 16.9650 |
| July | 17.0593 | 16.9513 | 17.0088 |
| August | 17.8015 | 17.0083 | 17.3275 |
| September | 17.7237 | 17.2430 | 17.4743 |
| October | 17.7201 | 17.6197 | 17.6607 |
| November | 17.6992 | 17.2662 | 17.4964 |
| December | 18.0640 | 17.2502 | 17.7013 |