YEARLY HIGH
929.4259 IQD
YEARLY LOW
746.8800 IQD
YEARLY AVERAGE
860.7690 IQD

2016 CAD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CAD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 929.4259. Conversely, the yearly low was recorded on January 17, dropping to 746.8800.

This high-to-low spread represents a total annual volatility of 182.5459 IQD. From a start-to-finish perspective, comparing the January average rate of 769.9100 to the December average rate of 880.9429, the exchange rate registered a net change of 14.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 929.4259 was down 7.16% compared to the 2015 peak of 1001.1234, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,647,129 IQD
2015 Average 4,566,060 IQD
Yearly Trough Low 3,734,400 IQD
Transaction Impact: A difference of 912,729.53 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

923.3305
755.9627
JanuMarcMayJulySeptNove

CAD 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 837.3590, compared to 884.1789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 46.8199 points.

H1 Avg (Jan–Jun) 837.3590
H2 Avg (Jul–Dec) 884.1789

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 55.2998 IQD (High: 908.0104 / Low: 852.7107). On the other end, July was the most stable month, with a tight range of 20.5041 IQD (High: 907.2109 / Low: 886.7067).

May Spread (Volatile) ±55.2998
July Spread (Stable) ±20.5041

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 15.4577 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -15.4577

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 909.3831) against the same month in 2015 (average: 958.4375), the exchange rate shifted by -49.0543 (-5.12%).

2016 Avg (June) 909.3831
2015 Avg (June) 958.4375

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 793.4200 746.8800 769.9100
February 805.2698 775.2305 789.4836
March 837.8882 809.8547 823.6093
April 882.0568 827.9533 854.3525
May 908.0104 852.7107 877.4155
June 929.4259 889.7473 909.3831
July 907.2109 886.7067 896.6803
August 911.0250 885.3547 896.9290
September 906.0946 881.7013 889.9258
October 889.3968 868.5337 878.0264
November 877.9361 854.2174 862.5688
December 899.0373 868.0833 880.9429