YEARLY HIGH
572.4411 IQD
YEARLY LOW
498.8274 IQD
YEARLY AVERAGE
546.5072 IQD

2016 FJD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FJD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 572.4411. Conversely, the yearly low was recorded on January 18, dropping to 498.8274.

This high-to-low spread represents a total annual volatility of 73.6137 IQD. From a start-to-finish perspective, comparing the January average rate of 507.0749 to the December average rate of 559.1953, the exchange rate registered a net change of 10.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 572.4411 was down 4.29% compared to the 2015 peak of 598.0960, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,862,205 IQD
2015 Average 2,790,326 IQD
Yearly Trough Low 2,494,137 IQD
Transaction Impact: A difference of 368,068.27 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

574.7241
500.9250
JanuMarcMayJulySeptNove

FJD 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 528.4513, compared to 564.5632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.1119 points.

H1 Avg (Jan–Jun) 528.4513
H2 Avg (Jul–Dec) 564.5632

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 34.3674 IQD (High: 558.9460 / Low: 524.5786). On the other end, August was the most stable month, with a tight range of 6.0813 IQD (High: 570.9517 / Low: 564.8705).

May Spread (Volatile) ±34.3674
August Spread (Stable) ±6.0813

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 5.5465 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -5.5465

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 566.3726) against the same month in 2015 (average: 558.6448), the exchange rate shifted by +7.7278 (+1.38%).

2016 Avg (July) 566.3726
2015 Avg (July) 558.6448

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 518.3184 498.8274 507.0749
February 513.3338 503.3680 509.9442
March 526.9303 510.0547 519.7679
April 541.6416 521.8693 529.9702
May 558.9460 524.5786 540.3747
June 571.0759 558.5737 563.5759
July 572.4411 562.0345 566.3726
August 570.9517 564.8705 568.5742
September 571.3316 564.8549 568.4260
October 570.3620 560.2996 565.1787
November 569.9555 548.0369 559.6322
December 568.9900 550.1579 559.1953