YEARLY HIGH
171.9969 IQD
YEARLY LOW
157.1845 IQD
YEARLY AVERAGE
165.1567 IQD

2016 BOB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 171.9969. Conversely, the yearly low was recorded on January 31, dropping to 157.1845.

This high-to-low spread represents a total annual volatility of 14.8124 IQD. From a start-to-finish perspective, comparing the January average rate of 158.0857 to the December average rate of 169.9262, the exchange rate registered a net change of 7.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 171.9969 was down 0.81% compared to the 2015 peak of 173.4032, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 859,984 IQD
2015 Average 843,543 IQD
Yearly Trough Low 785,923 IQD
Transaction Impact: A difference of 74,061.81 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

171.4501
156.6861
JanuMarcMayJulySeptNove

BOB 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 161.5799, compared to 168.7336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.1537 points.

H1 Avg (Jan–Jun) 161.5799
H2 Avg (Jul–Dec) 168.7336

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 11.6507 IQD (High: 171.6339 / Low: 159.9832). On the other end, March was the most stable month, with a tight range of 1.0344 IQD (High: 159.6032 / Low: 158.5688).

May Spread (Volatile) ±11.6507
March Spread (Stable) ±1.0344

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.9644 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.9644

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 170.2198) against the same month in 2015 (average: 171.5788), the exchange rate shifted by -1.3590 (-0.79%).

2016 Avg (June) 170.2198
2015 Avg (June) 171.5788

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 159.5692 157.1845 158.0857
February 158.7155 157.4240 157.9164
March 159.6032 158.5688 159.2033
April 160.6065 158.2041 159.3653
May 171.6339 159.9832 164.6888
June 171.9969 168.1384 170.2198
July 170.2183 168.8825 169.4877
August 169.3225 167.8122 168.5233
September 168.9849 167.9034 168.4350
October 168.9511 167.4143 168.2322
November 170.8050 166.3068 167.7972
December 171.3544 166.5637 169.9262