YEARLY HIGH
1044.2157 IQD
YEARLY LOW
824.3596 IQD
YEARLY AVERAGE
904.2836 IQD

2023 AUD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AUD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 1044.2157. Conversely, the yearly low was recorded on October 13, dropping to 824.3596.

This high-to-low spread represents a total annual volatility of 219.8561 IQD. From a start-to-finish perspective, comparing the January average rate of 1015.8669 to the December average rate of 878.6474, the exchange rate registered a net change of -13.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1044.2157 was down 5.67% compared to the 2022 peak of 1106.9378, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,221,079 IQD
2022 Average 5,070,969 IQD
Yearly Trough Low 4,121,798 IQD
Transaction Impact: A difference of 1,099,280.64 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1034.3598
812.4451
JanuMarcMayJulySeptNove

AUD 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 953.5725, compared to 854.9948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 98.5776 points.

H1 Avg (Jan–Jun) 953.5725
H2 Avg (Jul–Dec) 854.9948

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 123.4518 IQD (High: 974.5893 / Low: 851.1375). On the other end, September was the most stable month, with a tight range of 14.6028 IQD (High: 846.6189 / Low: 832.0160).

May Spread (Volatile) ±123.4518
September Spread (Stable) ±14.6028

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 93.8650 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -93.8650

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1015.8669) against the same month in 2022 (average: 1046.7359), the exchange rate shifted by -30.8689 (-2.95%).

2023 Avg (January) 1015.8669
2022 Avg (January) 1046.7359

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1044.2157 981.8903 1015.8669
February 1043.1013 980.9435 1005.3775
March 988.5302 954.9275 973.8450
April 991.4636 882.1599 970.0518
May 974.5893 851.1375 876.1868
June 901.0699 861.2366 880.1069
July 902.2885 866.6206 880.5904
August 867.1270 833.0708 848.6402
September 846.6189 832.0160 841.0207
October 844.5291 824.3596 830.9380
November 871.1899 830.2924 850.1322
December 897.6758 858.6291 878.6474