YEARLY HIGH
172.8979 IQD
YEARLY LOW
166.4413 IQD
YEARLY AVERAGE
169.0905 IQD

2017 BOB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 172.8979. Conversely, the yearly low was recorded on September 20, dropping to 166.4413.

This high-to-low spread represents a total annual volatility of 6.4565 IQD. From a start-to-finish perspective, comparing the January average rate of 170.6454 to the December average rate of 172.1837, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 172.8979 was up 0.52% compared to the 2016 peak of 171.9969, 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 864,489 IQD
2016 Average 825,911 IQD
Yearly Trough Low 832,207 IQD
Transaction Impact: A difference of 32,282.60 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

172.6358
167.2099
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 169.4421, compared to 168.7388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7033 points.

H1 Avg (Jan–Jun) 169.4421
H2 Avg (Jul–Dec) 168.7388

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 4.0524 IQD (High: 171.0562 / Low: 167.0037). On the other end, December was the most stable month, with a tight range of 2.0652 IQD (High: 172.8979 / Low: 170.8326).

July Spread (Volatile) ±4.0524
December Spread (Stable) ±2.0652

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.0544 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0544

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 172.1837) against the same month in 2016 (average: 169.9262), the exchange rate shifted by +2.2575 (+1.33%).

2017 Avg (December) 172.1837
2016 Avg (December) 169.9262

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 171.5619 168.9175 170.6454
February 172.7414 169.7346 170.7183
March 170.6376 167.8715 169.6639
April 170.9632 167.9140 168.8892
May 170.6998 167.2514 168.3855
June 170.4355 167.1949 168.3502
July 171.0562 167.0037 167.8824
August 169.9449 166.9597 167.6621
September 168.9691 166.4413 167.7636
October 170.2313 168.0656 168.8632
November 170.7719 167.1779 168.0781
December 172.8979 170.8326 172.1837