2023 CHF to IQD Historical Review

YEARLY HIGH

1643.2643 IQD

YEARLY LOW

1422.3542 IQD

YEARLY AVERAGE

1512.2669 IQD

2023 CHF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 1643.2643. Conversely, the yearly low was recorded on October 3, dropping to 1422.3542.

This high-to-low spread represents a total annual volatility of 220.9101 IQD. From a start-to-finish perspective, comparing the January average rate of 1579.7551 to the December average rate of 1517.5568, the exchange rate registered a net change of -3.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1643.2643 was up 2.52% compared to the 2022 peak of 1602.8322, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,216,322 IQD

2022 Average 7,650,158 IQD

Yearly Trough Low 7,111,771 IQD

Transaction Impact: A difference of 1,104,550.70 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1630.6967

1432.4380

JanuMarcMayJulySeptNove

CHF 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 1544.7781, compared to 1479.7557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 65.0225 points.

H1 Avg (Jan–Jun) 1544.7781

H2 Avg (Jul–Dec) 1479.7557

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 198.0232 IQD (High: 1637.1582 / Low: 1439.1350). On the other end, August was the most stable month, with a tight range of 25.9577 IQD (High: 1505.1853 / Low: 1479.2275).

May Spread (Volatile) ±198.0232

August Spread (Stable) ±25.9577

Growth Streaks & Declines

Trends

Between February and April, 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 145.2411 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -145.2411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 1614.1751) against the same month in 2022 (average: 1546.0595), the exchange rate shifted by +68.1157 (+4.41%).

2023 Avg (April) 1614.1751

2022 Avg (April) 1546.0595

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1594.5372	1559.3464	1579.7551
February	1608.6196	1548.9212	1575.3906
March	1600.7652	1548.8379	1575.4365
April	1643.2643	1469.6055	1614.1751
May	1637.1582	1439.1350	1468.9340
June	1468.5967	1439.8815	1454.9775
July	1527.4672	1453.8908	1497.0082
August	1505.1853	1479.2275	1490.5882
September	1481.0430	1423.2303	1456.7515
October	1469.8396	1422.3542	1448.9595
November	1499.7705	1442.0066	1467.6698
December	1559.6193	1488.7150	1517.5568