2023 AOA to IQD Historical Review

YEARLY HIGH

2.9212 IQD

YEARLY LOW

1.5612 IQD

YEARLY AVERAGE

2.1161 IQD

2023 AOA to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.9212. Conversely, the yearly low was recorded on November 4, dropping to 1.5612.

This high-to-low spread represents a total annual volatility of 1.3600 IQD. From a start-to-finish perspective, comparing the January average rate of 2.8974 to the December average rate of 1.5773, the exchange rate registered a net change of -45.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9212 was down 19.40% compared to the 2022 peak of 3.6241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,606 IQD

2022 Average 15,971 IQD

Yearly Trough Low 7,806 IQD

Transaction Impact: A difference of 6,799.94 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0295

1.4436

JanuMarcMayJulySeptNove

AOA 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 2.6510, compared to 1.5812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0698 points.

H1 Avg (Jan–Jun) 2.6510

H2 Avg (Jul–Dec) 1.5812

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.6343 IQD (High: 2.2212 / Low: 1.5869). On the other end, December was the most stable month, with a tight range of 0.0104 IQD (High: 1.5840 / Low: 1.5736).

June Spread (Volatile) ±0.6343

December Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.6081 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.6081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.8908) against the same month in 2022 (average: 2.8376), the exchange rate shifted by +0.0532 (+1.87%).

2023 Avg (February) 2.8908

2022 Avg (February) 2.8376

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9022	2.8875	2.8974
February	2.9212	2.8558	2.8908
March	2.8972	2.8457	2.8811
April	2.8880	2.5843	2.8587
May	2.8647	2.2442	2.4930
June	2.2212	1.5869	1.8849
July	1.5900	1.5727	1.5852
August	1.6003	1.5762	1.5859
September	1.5884	1.5703	1.5814
October	1.5887	1.5742	1.5815
November	1.5836	1.5612	1.5758
December	1.5840	1.5736	1.5773