YEARLY HIGH
720.2957 IQD
YEARLY LOW
582.3282 IQD
YEARLY AVERAGE
661.5490 IQD

2015 BGN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BGN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 720.2957. Conversely, the yearly low was recorded on November 22, dropping to 582.3282.

This high-to-low spread represents a total annual volatility of 137.9675 IQD. From a start-to-finish perspective, comparing the January average rate of 695.6644 to the December average rate of 611.0979, the exchange rate registered a net change of -12.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 720.2957 was down 13.91% compared to the 2014 peak of 836.6732, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,601,479 IQD
2014 Average 3,979,486 IQD
Yearly Trough Low 2,911,641 IQD
Transaction Impact: A difference of 689,837.47 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

704.5065
598.4006
JanuMarcMayJulySeptNove

BGN 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 674.8808, compared to 648.2172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.6637 points.

H1 Avg (Jan–Jun) 674.8808
H2 Avg (Jul–Dec) 648.2172

Volatility Range Comparison

Volatility

The most volatile month in 2015 was November, with a trading range of 86.6632 IQD (High: 668.9914 / Low: 582.3282). On the other end, February was the most stable month, with a tight range of 14.0819 IQD (High: 694.7092 / Low: 680.6273).

November Spread (Volatile) ±86.6632
February Spread (Stable) ±14.0819

Growth Streaks & Declines

Trends

Between 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 65.8962 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -65.8962

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 695.6644) against the same month in 2014 (average: 811.6778), the exchange rate shifted by -116.0135 (-14.29%).

2015 Avg (January) 695.6644
2014 Avg (January) 811.6778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 720.2957 650.4265 695.6644
February 694.7092 680.6273 688.8994
March 682.5272 634.2095 653.7846
April 679.5077 636.9873 654.8312
May 696.0028 657.5980 676.8595
June 690.5537 664.2978 679.2457
July 677.2529 651.1494 665.7149
August 677.6516 647.9909 660.0394
September 688.9522 651.2867 672.0689
October 689.7953 639.8381 673.1390
November 668.9914 582.3282 607.2428
December 619.9475 590.2835 611.0979