YEARLY HIGH
0.7090 IQD
YEARLY LOW
0.6585 IQD
YEARLY AVERAGE
0.6812 IQD

2017 BIF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 0.7090. Conversely, the yearly low was recorded on November 25, dropping to 0.6585.

This high-to-low spread represents a total annual volatility of 0.0505 IQD. From a start-to-finish perspective, comparing the January average rate of 0.7028 to the December average rate of 0.6768, the exchange rate registered a net change of -3.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7090 was down 6.94% compared to the 2016 peak of 0.7619, 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 3,545 IQD
2016 Average 3,525 IQD
Yearly Trough Low 3,293 IQD
Transaction Impact: A difference of 252.48 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7066
0.6609
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 0.6913, compared to 0.6710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0202 points.

H1 Avg (Jan–Jun) 0.6913
H2 Avg (Jul–Dec) 0.6710

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0217 IQD (High: 0.6927 / Low: 0.6711). On the other end, December was the most stable month, with a tight range of 0.0095 IQD (High: 0.6810 / Low: 0.6714).

July Spread (Volatile) ±0.0217
December Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0090 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.6978) against the same month in 2016 (average: 0.6978), the exchange rate shifted by -0.0000 (-0.01%).

2017 Avg (February) 0.6978
2016 Avg (February) 0.6978

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7079 0.6932 0.7028
February 0.7090 0.6928 0.6978
March 0.6981 0.6810 0.6926
April 0.6993 0.6854 0.6902
May 0.6972 0.6758 0.6866
June 0.6856 0.6735 0.6776
July 0.6927 0.6711 0.6765
August 0.6806 0.6648 0.6714
September 0.6824 0.6655 0.6709
October 0.6719 0.6623 0.6659
November 0.6780 0.6585 0.6647
December 0.6810 0.6714 0.6768