2023 BZD to IQD Historical Review

YEARLY HIGH

734.4923 IQD

YEARLY LOW

644.7995 IQD

YEARLY AVERAGE

674.7515 IQD

2023 BZD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 734.4923. Conversely, the yearly low was recorded on July 8, dropping to 644.7995.

This high-to-low spread represents a total annual volatility of 89.6928 IQD. From a start-to-finish perspective, comparing the January average rate of 724.1570 to the December average rate of 649.5596, the exchange rate registered a net change of -10.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 734.4923 was up 0.41% compared to the 2022 peak of 731.4884, 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 3,672,462 IQD

2022 Average 3,621,159 IQD

Yearly Trough Low 3,223,997 IQD

Transaction Impact: A difference of 448,464.22 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

732.4737

642.0219

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 699.7366, compared to 649.7664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 49.9702 points.

H1 Avg (Jan–Jun) 699.7366

H2 Avg (Jul–Dec) 649.7664

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 80.2722 IQD (High: 734.4923 / Low: 654.2202). On the other end, January was the most stable month, with a tight range of 0.8913 IQD (High: 724.7895 / Low: 723.8982).

April Spread (Volatile) ±80.2722

January Spread (Stable) ±0.8913

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 April and May, when the average rate fell by 65.7099 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -65.7099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 720.5436) against the same month in 2022 (average: 723.8685), the exchange rate shifted by -3.3249 (-0.46%).

2023 Avg (April) 720.5436

2022 Avg (April) 723.8685

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	724.7895	723.8982	724.1570
February	730.8383	717.4094	724.1201
March	728.0042	722.6035	724.9360
April	734.4923	654.2202	720.5436
May	725.8563	649.3564	654.8338
June	651.7427	645.8484	649.8288
July	656.0967	644.7995	649.9788
August	654.7980	644.8588	649.7436
September	650.4534	649.2081	649.8136
October	650.7231	649.0817	649.9431
November	650.9935	645.0043	649.5596
December	650.0754	646.5783	649.5596