YEARLY HIGH
1347.0278 IQD
YEARLY LOW
1175.1326 IQD
YEARLY AVERAGE
1261.0233 IQD

2016 EUR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EUR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 1347.0278. Conversely, the yearly low was recorded on January 24, dropping to 1175.1326.

This high-to-low spread represents a total annual volatility of 171.8952 IQD. From a start-to-finish perspective, comparing the January average rate of 1186.5851 to the December average rate of 1238.9737, the exchange rate registered a net change of 4.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1347.0278 was down 4.07% compared to the 2015 peak of 1404.1120, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,735,139 IQD
2015 Average 6,467,047 IQD
Yearly Trough Low 5,875,663 IQD
Transaction Impact: A difference of 859,475.95 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1331.7191
1173.3911
JanuMarcMayJulySeptNove

EUR 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 1242.0534, compared to 1279.9932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.9398 points.

H1 Avg (Jan–Jun) 1242.0534
H2 Avg (Jul–Dec) 1279.9932

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 79.1847 IQD (High: 1324.1859 / Low: 1245.0012). On the other end, September was the most stable month, with a tight range of 13.9525 IQD (High: 1313.1032 / Low: 1299.1507).

May Spread (Volatile) ±79.1847
September Spread (Stable) ±13.9525

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 31.5856 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -31.5856

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 1318.5251) against the same month in 2015 (average: 1328.6496), the exchange rate shifted by -10.1246 (-0.76%).

2016 Avg (June) 1318.5251
2015 Avg (June) 1328.6496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1202.0759 1175.1326 1186.5851
February 1232.0980 1184.3355 1209.0350
March 1238.7806 1182.7424 1212.9344
April 1267.4192 1226.1843 1242.8088
May 1324.1859 1245.0012 1282.4323
June 1347.0278 1285.3916 1318.5251
July 1305.5231 1282.2324 1293.1952
August 1323.1778 1293.9210 1306.1115
September 1313.1032 1299.1507 1306.0171
October 1306.7143 1267.0148 1283.6236
November 1292.9685 1221.1065 1252.0381
December 1256.6584 1224.3540 1238.9737