YEARLY HIGH
183.0386 IQD
YEARLY LOW
168.4080 IQD
YEARLY AVERAGE
173.6384 IQD

2017 CNY to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CNY to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 183.0386. Conversely, the yearly low was recorded on March 15, dropping to 168.4080.

This high-to-low spread represents a total annual volatility of 14.6306 IQD. From a start-to-finish perspective, comparing the January average rate of 171.1696 to the December average rate of 180.5723, the exchange rate registered a net change of 5.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 183.0386 was up 1.56% compared to the 2016 peak of 180.2340, 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 4,575,965 IQD
2016 Average 4,288,687 IQD
Yearly Trough Low 4,210,201 IQD
Transaction Impact: A difference of 365,764.07 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

181.6427
168.7980
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 170.8339, compared to 176.4429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6090 points.

H1 Avg (Jan–Jun) 170.8339
H2 Avg (Jul–Dec) 176.4429

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 5.9375 IQD (High: 180.8025 / Low: 174.8650). On the other end, February was the most stable month, with a tight range of 3.0867 IQD (High: 174.0434 / Low: 170.9567).

September Spread (Volatile) ±5.9375
February Spread (Stable) ±3.0867

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 2.1580 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.1580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 180.5723) against the same month in 2016 (average: 169.8413), the exchange rate shifted by +10.7310 (+6.32%).

2017 Avg (December) 180.5723
2016 Avg (December) 169.8413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 173.9290 169.4923 171.1696
February 174.0434 170.9567 171.8837
March 171.8700 168.4080 170.4162
April 171.9273 168.6823 170.0796
May 171.6024 168.4399 169.8684
June 173.9918 170.2238 171.5860
July 175.1281 170.4418 172.3889
August 177.9572 173.1292 174.9786
September 180.8025 174.8650 178.3311
October 178.6522 174.8253 176.1730
November 179.0375 174.9940 176.2138
December 183.0386 178.7865 180.5723