YEARLY HIGH
591.4524 IQD
YEARLY LOW
543.3310 IQD
YEARLY AVERAGE
569.9469 IQD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 2,957,262 IQD
2015 Average 2,912,447 IQD
Yearly Trough Low 2,716,655 IQD
Transaction Impact: A difference of 240,607.19 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

590.6011
541.5357
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 556.8064
H2 Avg (Jul–Dec) 583.0874

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±38.5633
March Spread (Stable) ±3.2522

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.7207

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (December) 586.5123
2015 Avg (December) 550.1028

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