YEARLY HIGH
595.5740 IQD
YEARLY LOW
574.0410 IQD
YEARLY AVERAGE
583.2704 IQD

2017 BZD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 595.5740. Conversely, the yearly low was recorded on August 26, dropping to 574.0410.

This high-to-low spread represents a total annual volatility of 21.5330 IQD. From a start-to-finish perspective, comparing the January average rate of 587.4789 to the December average rate of 592.0796, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 595.5740 was up 0.70% compared to the 2016 peak of 591.4524, 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 2,977,870 IQD
2016 Average 2,850,160 IQD
Yearly Trough Low 2,870,205 IQD
Transaction Impact: A difference of 107,665.24 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

593.3261
578.3682
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 584.3747, compared to 582.1660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2087 points.

H1 Avg (Jan–Jun) 584.3747
H2 Avg (Jul–Dec) 582.1660

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 14.7919 IQD (High: 591.7761 / Low: 576.9842). On the other end, October was the most stable month, with a tight range of 5.3189 IQD (High: 583.2773 / Low: 577.9584).

November Spread (Volatile) ±14.7919
October Spread (Stable) ±5.3189

Growth Streaks & Declines

Trends

Between October and December, 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 2.8267 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.8267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 587.7895) against the same month in 2016 (average: 545.6635), the exchange rate shifted by +42.1260 (+7.72%).

2017 Avg (February) 587.7895
2016 Avg (February) 545.6635

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 591.5330 582.4007 587.4789
February 595.5740 584.5462 587.7895
March 588.3260 578.7851 584.9628
April 589.4230 577.8651 582.2756
May 588.6841 578.1038 581.9804
June 589.3056 577.8834 581.7611
July 588.5231 574.4486 580.3046
August 587.9963 574.0410 579.6147
September 587.4642 577.1645 580.5295
October 583.2773 577.9584 579.8495
November 591.7761 576.9842 580.6180
December 595.4966 588.6455 592.0796