YEARLY HIGH
598.8228 IQD
YEARLY LOW
576.0583 IQD
YEARLY AVERAGE
586.5191 IQD

2017 BBD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BBD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 598.8228. Conversely, the yearly low was recorded on July 20, dropping to 576.0583.

This high-to-low spread represents a total annual volatility of 22.7646 IQD. From a start-to-finish perspective, comparing the January average rate of 590.2399 to the December average rate of 595.1567, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 598.8228 was up 1.31% compared to the 2016 peak of 591.0591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,994,114 IQD
2016 Average 2,848,535 IQD
Yearly Trough Low 2,880,291 IQD
Transaction Impact: A difference of 113,822.93 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

596.3273
582.2804
JanuMarcMayJulySeptNove

BBD 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 587.1683, compared to 585.8698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2985 points.

H1 Avg (Jan–Jun) 587.1683
H2 Avg (Jul–Dec) 585.8698

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 15.1917 IQD (High: 591.2500 / Low: 576.0583). On the other end, January was the most stable month, with a tight range of 6.8790 IQD (High: 594.1201 / Low: 587.2411).

July Spread (Volatile) ±15.1917
January Spread (Stable) ±6.8790

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 February and March, when the average rate fell by 3.4898 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.4898

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 595.1567) against the same month in 2016 (average: 587.2746), the exchange rate shifted by +7.8821 (+1.34%).

2017 Avg (December) 595.1567
2016 Avg (December) 587.2746

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 594.1201 587.2411 590.2399
February 596.3879 588.1805 590.8476
March 591.2500 581.7100 587.3578
April 591.2500 580.4950 585.7183
May 591.0000 581.0250 584.6631
June 591.2500 580.7000 584.1830
July 591.2500 576.0583 583.5107
August 591.2500 578.3500 583.5733
September 592.0000 581.6925 585.6484
October 588.8345 581.5675 583.8789
November 591.9025 579.8250 583.4510
December 598.8228 591.5000 595.1567