YEARLY HIGH
74.8394 IQD
YEARLY LOW
61.9424 IQD
YEARLY AVERAGE
65.8611 IQD

2017 EGP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 74.8394. Conversely, the yearly low was recorded on January 23, dropping to 61.9424.

This high-to-low spread represents a total annual volatility of 12.8970 IQD. From a start-to-finish perspective, comparing the January average rate of 63.4092 to the December average rate of 66.8239, the exchange rate registered a net change of 5.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 74.8394 was down 46.84% compared to the 2016 peak of 140.7751, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 374,197 IQD
2016 Average 607,837 IQD
Yearly Trough Low 309,712 IQD
Transaction Impact: A difference of 64,485.05 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

70.5342
62.7615
JanuMarcMayJulySeptNove

EGP 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 65.6675, compared to 66.0546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3872 points.

H1 Avg (Jan–Jun) 65.6675
H2 Avg (Jul–Dec) 66.0546

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 12.0913 IQD (High: 74.8394 / Low: 62.7481). On the other end, October was the most stable month, with a tight range of 0.9034 IQD (High: 66.7121 / Low: 65.8088).

February Spread (Volatile) ±12.0913
October Spread (Stable) ±0.9034

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 3.1681 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.1681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 69.8864) against the same month in 2016 (average: 138.9920), the exchange rate shifted by -69.1056 (-49.72%).

2017 Avg (February) 69.8864
2016 Avg (February) 138.9920

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 66.1537 61.9424 63.4092
February 74.8394 62.7481 69.8864
March 73.2138 63.8085 66.7183
April 65.6981 63.9435 64.8234
May 65.3797 64.1621 64.6421
June 65.6480 64.0376 64.5253
July 66.1650 64.3172 65.1392
August 66.6573 65.2070 65.7591
September 67.1777 65.9422 66.3771
October 66.7121 65.8088 66.1754
November 66.9497 65.5595 66.0533
December 67.4008 66.1919 66.8239