YEARLY HIGH
688.0678 IQD
YEARLY LOW
600.7473 IQD
YEARLY AVERAGE
644.7347 IQD

2016 BGN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 688.0678. Conversely, the yearly low was recorded on January 24, dropping to 600.7473.

This high-to-low spread represents a total annual volatility of 87.3205 IQD. From a start-to-finish perspective, comparing the January average rate of 606.6552 to the December average rate of 633.6593, the exchange rate registered a net change of 4.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 688.0678 was down 4.47% compared to the 2015 peak of 720.2957, 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 3,440,339 IQD
2015 Average 3,307,070 IQD
Yearly Trough Low 3,003,737 IQD
Transaction Impact: A difference of 436,602.28 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

680.7524
599.9191
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 634.9562, compared to 654.5132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.5570 points.

H1 Avg (Jan–Jun) 634.9562
H2 Avg (Jul–Dec) 654.5132

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 39.5154 IQD (High: 676.8331 / Low: 637.3177). On the other end, September was the most stable month, with a tight range of 6.9453 IQD (High: 671.2591 / Low: 664.3138).

May Spread (Volatile) ±39.5154
September Spread (Stable) ±6.9453

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 15.8679 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -15.8679

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 674.0163) against the same month in 2015 (average: 679.2457), the exchange rate shifted by -5.2294 (-0.77%).

2016 Avg (June) 674.0163
2015 Avg (June) 679.2457

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 613.2646 600.7473 606.6552
February 629.4893 605.4210 618.0348
March 632.6487 605.0169 619.8178
April 647.1264 627.6925 635.3319
May 676.8331 637.3177 655.8813
June 688.0678 657.0996 674.0163
July 666.7733 656.6796 661.2753
August 675.3398 661.4943 667.9273
September 671.2591 664.3138 667.5821
October 667.2059 648.1418 656.2516
November 659.7618 625.3368 640.3837
December 644.1687 626.1451 633.6593