YEARLY HIGH
52.8622 IQD
YEARLY LOW
42.5753 IQD
YEARLY AVERAGE
49.2055 IQD

2017 ETB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 52.8622. Conversely, the yearly low was recorded on November 8, dropping to 42.5753.

This high-to-low spread represents a total annual volatility of 10.2869 IQD. From a start-to-finish perspective, comparing the January average rate of 52.3294 to the December average rate of 43.5095, the exchange rate registered a net change of -16.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 52.8622 was down 2.72% compared to the 2016 peak of 54.3426, 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 264,311 IQD
2016 Average 260,865 IQD
Yearly Trough Low 212,876 IQD
Transaction Impact: A difference of 51,434.53 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

53.2893
41.7706
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 51.4666, compared to 46.9443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.5223 points.

H1 Avg (Jan–Jun) 51.4666
H2 Avg (Jul–Dec) 46.9443

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 7.0788 IQD (High: 49.8190 / Low: 42.7403). On the other end, December was the most stable month, with a tight range of 0.6551 IQD (High: 43.8596 / Low: 43.2045).

October Spread (Volatile) ±7.0788
December Spread (Stable) ±0.6551

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 4.4825 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -4.4825

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 52.3294) against the same month in 2016 (average: 51.4005), the exchange rate shifted by +0.9289 (+1.81%).

2017 Avg (January) 52.3294
2016 Avg (January) 51.4005

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 52.8622 51.8955 52.3294
February 52.8520 51.7060 52.1143
March 52.1820 50.9654 51.6787
April 51.7598 50.8492 51.2513
May 51.6477 50.1424 50.8366
June 51.2334 50.0496 50.5894
July 51.0078 49.7365 50.2361
August 50.9442 49.6809 50.0240
September 50.2229 49.3808 49.8241
October 49.8190 42.7403 45.3416
November 43.2440 42.5753 42.7305
December 43.8596 43.2045 43.5095