2016 FJD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |