2023 AWG to IQD Historical Review

YEARLY HIGH

817.2414 IQD

YEARLY LOW

721.3324 IQD

YEARLY AVERAGE

754.8694 IQD

2023 AWG to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 817.2414. Conversely, the yearly low was recorded on July 8, dropping to 721.3324.

This high-to-low spread represents a total annual volatility of 95.9091 IQD. From a start-to-finish perspective, comparing the January average rate of 810.4308 to the December average rate of 727.6975, the exchange rate registered a net change of -10.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 817.2414 was up 0.10% compared to the 2022 peak of 816.4317, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,086,207 IQD

2022 Average 4,054,717 IQD

Yearly Trough Low 3,606,662 IQD

Transaction Impact: A difference of 479,545.27 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

819.0152

717.8424

JanuMarcMayJulySeptNove

AWG 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 782.5563, compared to 727.1825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 55.3738 points.

H1 Avg (Jan–Jun) 782.5563

H2 Avg (Jul–Dec) 727.1825

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 86.6348 IQD (High: 811.6667 / Low: 725.0318). On the other end, September was the most stable month, with a tight range of 2.8297 IQD (High: 728.7900 / Low: 725.9603).

May Spread (Volatile) ±86.6348

September Spread (Stable) ±2.8297

Growth Streaks & Declines

Trends

Between July and September, 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 73.0524 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -73.0524

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 810.5841) against the same month in 2022 (average: 810.6672), the exchange rate shifted by -0.0831 (-0.01%).

2023 Avg (February) 810.5841

2022 Avg (February) 810.6672

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	811.5949	808.1145	810.4308
February	817.2414	803.5974	810.5841
March	811.6775	799.4869	809.3869
April	811.6667	731.0885	805.4741
May	811.6667	725.0318	732.4217
June	728.9546	723.2817	727.0401
July	727.8983	721.3324	726.2735
August	732.3467	721.3492	727.1138
September	728.7900	725.9603	727.2883
October	728.6407	724.5682	726.9154
November	741.4061	721.8343	727.8063
December	731.7271	726.1647	727.6975