2023 BAM to IQD Historical Review

YEARLY HIGH

831.4581 IQD

YEARLY LOW

701.4186 IQD

YEARLY AVERAGE

751.8902 IQD

2023 BAM to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 831.4581. Conversely, the yearly low was recorded on October 3, dropping to 701.4186.

This high-to-low spread represents a total annual volatility of 130.0396 IQD. From a start-to-finish perspective, comparing the January average rate of 803.1621 to the December average rate of 731.5172, the exchange rate registered a net change of -8.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 831.4581 was down 2.93% compared to the 2022 peak of 856.5967, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,157,291 IQD

2022 Average 3,933,105 IQD

Yearly Trough Low 3,507,093 IQD

Transaction Impact: A difference of 650,197.85 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

824.8065

696.7583

JanuMarcMayJulySeptNove

BAM 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 779.0239, compared to 724.7565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 54.2674 points.

H1 Avg (Jan–Jun) 779.0239

H2 Avg (Jul–Dec) 724.7565

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 104.4569 IQD (High: 821.5988 / Low: 717.1419). On the other end, October was the most stable month, with a tight range of 12.3630 IQD (High: 713.7816 / Low: 701.4186).

May Spread (Volatile) ±104.4569

October Spread (Stable) ±12.3630

Growth Streaks & Declines

Trends

Between October and December, 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 80.3913 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -80.3913

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 814.1358) against the same month in 2022 (average: 808.7985), the exchange rate shifted by +5.3373 (+0.66%).

2023 Avg (April) 814.1358

2022 Avg (April) 808.7985

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	813.4754	782.9626	803.1621
February	821.4272	788.2852	799.6303
March	813.1299	786.7843	797.8188
April	831.4581	737.2438	814.1358
May	821.5988	717.1419	733.7445
June	737.1171	716.2244	725.6520
July	753.9231	723.8514	739.9317
August	740.7778	723.3866	730.8232
September	726.3010	705.7785	716.0906
October	713.7816	701.4186	707.4290
November	735.9857	706.2995	722.7475
December	741.3348	721.0395	731.5172