YEARLY HIGH
0.7205 IQD
YEARLY LOW
0.4691 IQD
YEARLY AVERAGE
0.5904 IQD

2023 CDF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.7205. Conversely, the yearly low was recorded on December 21, dropping to 0.4691.

This high-to-low spread represents a total annual volatility of 0.2514 IQD. From a start-to-finish perspective, comparing the January average rate of 0.7125 to the December average rate of 0.4815, the exchange rate registered a net change of -32.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7205 was down 1.72% compared to the 2022 peak of 0.7332, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,603 IQD
2022 Average 3,614 IQD
Yearly Trough Low 2,345 IQD
Transaction Impact: A difference of 1,257.21 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7356
0.4584
JanuMarcMayJulySeptNove

CDF 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 0.6638, compared to 0.5170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1467 points.

H1 Avg (Jan–Jun) 0.6638
H2 Avg (Jul–Dec) 0.5170

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1461 IQD (High: 0.7071 / Low: 0.5610). On the other end, September was the most stable month, with a tight range of 0.0096 IQD (High: 0.5330 / Low: 0.5234).

May Spread (Volatile) ±0.1461
September Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0923 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7125) against the same month in 2022 (average: 0.7277), the exchange rate shifted by -0.0152 (-2.09%).

2023 Avg (January) 0.7125
2022 Avg (January) 0.7277

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7205 0.7052 0.7125
February 0.7203 0.7017 0.7078
March 0.7142 0.6986 0.7049
April 0.7141 0.6325 0.6974
May 0.7071 0.5610 0.6051
June 0.5639 0.5436 0.5549
July 0.5436 0.5137 0.5301
August 0.5369 0.5268 0.5289
September 0.5330 0.5234 0.5273
October 0.5289 0.5032 0.5200
November 0.5283 0.4808 0.5145
December 0.4916 0.4691 0.4815