YEARLY HIGH
54.3426 IQD
YEARLY LOW
50.4575 IQD
YEARLY AVERAGE
52.1688 IQD

2016 ETB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 54.3426. Conversely, the yearly low was recorded on April 18, dropping to 50.4575.

This high-to-low spread represents a total annual volatility of 3.8851 IQD. From a start-to-finish perspective, comparing the January average rate of 51.4005 to the December average rate of 52.5161, the exchange rate registered a net change of 2.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 54.3426 was down 7.81% compared to the 2015 peak of 58.9447, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 271,713 IQD
2015 Average 281,693 IQD
Yearly Trough Low 252,288 IQD
Transaction Impact: A difference of 19,425.44 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

54.0554
50.5472
JanuMarcMayJulySeptNove

ETB 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 51.7234, compared to 52.6142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8908 points.

H1 Avg (Jan–Jun) 51.7234
H2 Avg (Jul–Dec) 52.6142

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 3.2185 IQD (High: 54.3303 / Low: 51.1118). On the other end, September was the most stable month, with a tight range of 0.4112 IQD (High: 52.9036 / Low: 52.4925).

May Spread (Volatile) ±3.2185
September Spread (Stable) ±0.4112

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.5438 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 53.7630) against the same month in 2015 (average: 57.3376), the exchange rate shifted by -3.5746 (-6.23%).

2016 Avg (June) 53.7630
2015 Avg (June) 57.3376

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.9429 50.8699 51.4005
February 51.3288 50.8127 51.0662
March 51.0987 50.6052 50.8990
April 51.3636 50.4575 50.8396
May 54.3303 51.1118 52.3719
June 54.3426 53.0151 53.7630
July 53.4663 52.9946 53.2192
August 53.0623 52.5992 52.8391
September 52.9036 52.4925 52.7045
October 52.6443 52.2163 52.4048
November 52.8688 51.5614 52.0015
December 52.9777 51.5036 52.5161