YEARLY HIGH
877.8447 IQD
YEARLY LOW
756.0727 IQD
YEARLY AVERAGE
825.7812 IQD

2016 BND to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 877.8447. Conversely, the yearly low was recorded on January 18, dropping to 756.0727.

This high-to-low spread represents a total annual volatility of 121.7720 IQD. From a start-to-finish perspective, comparing the January average rate of 762.9261 to the December average rate of 818.8670, the exchange rate registered a net change of 7.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 877.8447 was down 2.79% compared to the 2015 peak of 903.0232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,389,224 IQD
2015 Average 4,241,866 IQD
Yearly Trough Low 3,780,364 IQD
Transaction Impact: A difference of 608,859.98 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

875.7327
752.6710
JanuMarcMayJulySeptNove

BND 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 806.4057, compared to 845.1567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 38.7510 points.

H1 Avg (Jan–Jun) 806.4057
H2 Avg (Jul–Dec) 845.1567

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 53.7116 IQD (High: 859.0506 / Low: 805.3390). On the other end, July was the most stable month, with a tight range of 10.0068 IQD (High: 869.8798 / Low: 859.8731).

May Spread (Volatile) ±53.7116
July Spread (Stable) ±10.0068

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 18.6037 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -18.6037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 865.3442) against the same month in 2015 (average: 880.2578), the exchange rate shifted by -14.9136 (-1.69%).

2016 Avg (June) 865.3442
2015 Avg (June) 880.2578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 776.6037 756.0727 762.9261
February 782.5001 762.2200 775.1837
March 805.6715 775.8493 793.7766
April 824.6584 800.9056 811.8822
May 859.0506 805.3390 829.3215
June 877.8447 856.8612 865.3442
July 869.8798 859.8731 865.4776
August 872.3148 853.4108 865.2061
September 864.3689 850.6991 857.2146
October 855.2969 834.6879 841.3894
November 845.6772 809.0197 822.7857
December 828.8734 811.1781 818.8670