YEARLY HIGH
1428.9144 IQD
YEARLY LOW
1229.1227 IQD
YEARLY AVERAGE
1325.3132 IQD

2017 EUR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EUR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1428.9144. Conversely, the yearly low was recorded on January 3, dropping to 1229.1227.

This high-to-low spread represents a total annual volatility of 199.7917 IQD. From a start-to-finish perspective, comparing the January average rate of 1255.3880 to the December average rate of 1409.5852, the exchange rate registered a net change of 12.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1428.9144 was up 6.08% compared to the 2016 peak of 1347.0278, 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 7,144,572 IQD
2016 Average 6,305,508 IQD
Yearly Trough Low 6,145,614 IQD
Transaction Impact: A difference of 998,958.43 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1425.0149
1239.8581
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 1271.6766, compared to 1378.9497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 107.2731 points.

H1 Avg (Jan–Jun) 1271.6766
H2 Avg (Jul–Dec) 1378.9497

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 63.8875 IQD (High: 1327.7683 / Low: 1263.8807). On the other end, October was the most stable month, with a tight range of 33.9122 IQD (High: 1390.6891 / Low: 1356.7769).

May Spread (Volatile) ±63.8875
October Spread (Stable) ±33.9122

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 23.1918 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -23.1918

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1409.5852) against the same month in 2016 (average: 1238.9737), the exchange rate shifted by +170.6115 (+13.77%).

2017 Avg (December) 1409.5852
2016 Avg (December) 1238.9737

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1271.5309 1229.1227 1255.3880
February 1282.7653 1240.8982 1257.2569
March 1279.0379 1236.6836 1256.5249
April 1283.8763 1237.4420 1255.2879
May 1327.7683 1263.8807 1293.4432
June 1345.5619 1297.1973 1312.1586
July 1368.0648 1323.8302 1346.2461
August 1405.1269 1363.4808 1379.5885
September 1409.9536 1371.0798 1395.4956
October 1390.6891 1356.7769 1372.3038
November 1408.4935 1350.6700 1370.4791
December 1428.9144 1394.2179 1409.5852