YEARLY HIGH
0.7619 IQD
YEARLY LOW
0.6846 IQD
YEARLY AVERAGE
0.7050 IQD

2016 BIF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BIF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.7619. Conversely, the yearly low was recorded on December 7, dropping to 0.6846.

This high-to-low spread represents a total annual volatility of 0.0773 IQD. From a start-to-finish perspective, comparing the January average rate of 0.6993 to the December average rate of 0.7020, the exchange rate registered a net change of 0.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7619 was down 0.83% compared to the 2015 peak of 0.7682, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,809 IQD
2015 Average 3,719 IQD
Yearly Trough Low 3,423 IQD
Transaction Impact: A difference of 386.44 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7349
0.6904
JanuMarcMayJulySeptNove

BIF 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 0.7099, compared to 0.7000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.7099
H2 Avg (Jul–Dec) 0.7000

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0753 IQD (High: 0.7619 / Low: 0.6866). On the other end, October was the most stable month, with a tight range of 0.0054 IQD (High: 0.7005 / Low: 0.6952).

June Spread (Volatile) ±0.0753
October Spread (Stable) ±0.0054

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 June and July, when the average rate fell by 0.0264 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0264

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.7312) against the same month in 2015 (average: 0.7563), the exchange rate shifted by -0.0252 (-3.33%).

2016 Avg (June) 0.7312
2015 Avg (June) 0.7563

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7074 0.6914 0.6993
February 0.7030 0.6932 0.6978
March 0.7024 0.6928 0.6973
April 0.7170 0.6971 0.7054
May 0.7614 0.7064 0.7284
June 0.7619 0.6866 0.7312
July 0.7079 0.7010 0.7048
August 0.7071 0.6949 0.7014
September 0.7047 0.6959 0.7000
October 0.7005 0.6952 0.6979
November 0.7057 0.6879 0.6941
December 0.7079 0.6846 0.7020