YEARLY HIGH
180.2340 IQD
YEARLY LOW
165.2342 IQD
YEARLY AVERAGE
171.5329 IQD

2016 CNY to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CNY to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 180.2340. Conversely, the yearly low was recorded on January 15, dropping to 165.2342.

This high-to-low spread represents a total annual volatility of 14.9999 IQD. From a start-to-finish perspective, comparing the January average rate of 166.3472 to the December average rate of 169.8413, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 180.2340 was down 6.78% compared to the 2015 peak of 193.3512, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 4,505,851 IQD
2015 Average 4,645,750 IQD
Yearly Trough Low 4,130,854 IQD
Transaction Impact: A difference of 374,996.65 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

179.1679
165.0597
JanuMarcMayJulySeptNove

CNY 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 170.1787, compared to 172.8871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7084 points.

H1 Avg (Jan–Jun) 170.1787
H2 Avg (Jul–Dec) 172.8871

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 10.8275 IQD (High: 180.2340 / Low: 169.4066). On the other end, September was the most stable month, with a tight range of 0.7181 IQD (High: 174.8953 / Low: 174.1773).

May Spread (Volatile) ±10.8275
September Spread (Stable) ±0.7181

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.3078 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.3078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 173.9341) against the same month in 2015 (average: 191.7810), the exchange rate shifted by -17.8469 (-9.31%).

2016 Avg (May) 173.9341
2015 Avg (May) 191.7810

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 169.4850 165.2342 166.3472
February 167.3004 165.4172 166.2354
March 168.6824 166.1429 167.3797
April 171.2954 167.9568 169.1835
May 180.2340 169.4066 173.9341
June 179.9595 175.2326 177.9923
July 175.9402 174.3373 175.0114
August 176.2319 174.1018 175.3268
September 174.8953 174.1773 174.5841
October 174.6387 171.8087 172.9333
November 171.9966 167.5004 169.6255
December 171.6135 166.1105 169.8413