YEARLY HIGH
730.4627 IQD
YEARLY LOW
627.9081 IQD
YEARLY AVERAGE
677.5782 IQD

2017 BGN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 730.4627. Conversely, the yearly low was recorded on January 3, dropping to 627.9081.

This high-to-low spread represents a total annual volatility of 102.5547 IQD. From a start-to-finish perspective, comparing the January average rate of 641.7060 to the December average rate of 720.8369, the exchange rate registered a net change of 12.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 730.4627 was up 6.16% compared to the 2016 peak of 688.0678, 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 3,652,314 IQD
2016 Average 3,223,879 IQD
Yearly Trough Low 3,139,540 IQD
Transaction Impact: A difference of 512,773.33 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

728.7774
633.4908
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 650.0747, compared to 705.0817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 55.0069 points.

H1 Avg (Jan–Jun) 650.0747
H2 Avg (Jul–Dec) 705.0817

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 32.7666 IQD (High: 678.8669 / Low: 646.1003). On the other end, October was the most stable month, with a tight range of 17.7218 IQD (High: 710.9954 / Low: 693.2736).

May Spread (Volatile) ±32.7666
October Spread (Stable) ±17.7218

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 12.0369 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -12.0369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 720.8369) against the same month in 2016 (average: 633.6593), the exchange rate shifted by +87.1776 (+13.76%).

2017 Avg (December) 720.8369
2016 Avg (December) 633.6593

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 649.6618 627.9081 641.7060
February 655.6478 634.6442 642.8782
March 653.4666 630.7848 642.1662
April 656.3889 632.0807 641.4313
May 678.8669 646.1003 661.3394
June 688.5087 663.1346 670.9271
July 700.5284 676.5110 688.2804
August 717.6965 697.4518 705.4030
September 721.4479 700.6410 713.6324
October 710.9954 693.2736 701.5955
November 719.8702 689.4906 700.7418
December 730.4627 712.1996 720.8369