2016 BZD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BZD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 591.4524. Conversely, the yearly low was recorded on February 28, dropping to 543.3310.
This high-to-low spread represents a total annual volatility of 48.1214 IQD. From a start-to-finish perspective, comparing the January average rate of 547.3017 to the December average rate of 586.5123, the exchange rate registered a net change of 7.16% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 591.4524 was down 1.29% compared to the 2015 peak of 599.2044, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BZD to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 556.8064, compared to 583.0874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.2810 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 38.5633 IQD (High: 590.3875 / Low: 551.8243). On the other end, March was the most stable month, with a tight range of 3.2522 IQD (High: 547.1769 / Low: 543.9247).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 1.7207 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 586.5123) against the same month in 2015 (average: 550.1028), the exchange rate shifted by +36.4095 (+6.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 552.2829 | 543.5480 | 547.3017 |
| February | 547.8048 | 543.3310 | 545.6635 |
| March | 547.1769 | 543.9247 | 545.6245 |
| April | 555.1807 | 544.7945 | 549.2213 |
| May | 590.3875 | 551.8243 | 567.7575 |
| June | 591.3032 | 577.9265 | 585.2698 |
| July | 586.6918 | 581.8340 | 584.1299 |
| August | 585.3669 | 580.8217 | 583.3238 |
| September | 584.3064 | 581.0327 | 582.6080 |
| October | 584.7222 | 579.4822 | 581.8355 |
| November | 590.1053 | 575.2769 | 580.1149 |
| December | 591.4524 | 575.4465 | 586.5123 |