2016 AZN to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 AZN to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the AZN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 795.4579. Conversely, the yearly low was recorded on December 7, dropping to 654.5985.
This high-to-low spread represents a total annual volatility of 140.8594 IQD. From a start-to-finish perspective, comparing the January average rate of 689.4844 to the December average rate of 663.7214, the exchange rate registered a net change of -3.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 795.4579 was down 47.71% compared to the 2015 peak of 1521.3296, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
AZN 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 717.2502, compared to 705.9001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.3501 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 62.7285 IQD (High: 795.4579 / Low: 732.7294). On the other end, September was the most stable month, with a tight range of 13.6711 IQD (High: 715.0806 / Low: 701.4096).
Growth Streaks & Declines
TrendsBetween March and June, 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 38.5595 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 757.0849) against the same month in 2015 (average: 1130.0056), the exchange rate shifted by -372.9207 (-33.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 704.5986 | 670.3356 | 689.4844 |
| February | 698.0569 | 674.9651 | 688.5235 |
| March | 703.8055 | 655.4865 | 674.4300 |
| April | 737.6610 | 712.0640 | 722.6443 |
| May | 795.4579 | 732.7294 | 757.0849 |
| June | 793.6168 | 749.4884 | 771.3342 |
| July | 753.7397 | 731.6850 | 745.8236 |
| August | 732.0801 | 702.8416 | 717.7481 |
| September | 715.0806 | 701.4096 | 708.7146 |
| October | 727.8123 | 704.5382 | 718.9762 |
| November | 704.6367 | 665.4908 | 680.4167 |
| December | 675.8708 | 654.5985 | 663.7214 |