2016 FKP to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FKP to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FKP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 1738.8222. Conversely, the yearly low was recorded on October 16, dropping to 1412.5717.
This high-to-low spread represents a total annual volatility of 326.2506 IQD. From a start-to-finish perspective, comparing the January average rate of 1573.1021 to the December average rate of 1467.3429, the exchange rate registered a net change of -6.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 1738.8222 was down 7.98% compared to the 2015 peak of 1889.5867, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
FKP 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 1594.1418, compared to 1490.5556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 103.5863 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 186.2917 IQD (High: 1738.8222 / Low: 1552.5306). On the other end, November was the most stable month, with a tight range of 47.0187 IQD (High: 1469.4076 / Low: 1422.3890).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 128.8338 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 1665.5085) against the same month in 2015 (average: 1845.6898), the exchange rate shifted by -180.1813 (-9.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1621.8444 | 1541.1365 | 1573.1021 |
| February | 1588.1526 | 1508.8865 | 1557.7315 |
| March | 1575.8798 | 1519.2094 | 1552.7531 |
| April | 1617.3933 | 1529.8593 | 1567.7072 |
| May | 1736.9458 | 1589.3144 | 1648.0487 |
| June | 1738.8222 | 1552.5306 | 1665.5085 |
| July | 1560.5364 | 1505.2092 | 1536.6747 |
| August | 1558.7881 | 1502.0496 | 1526.0740 |
| September | 1564.9841 | 1507.5219 | 1531.6487 |
| October | 1508.7517 | 1412.5717 | 1436.6390 |
| November | 1469.4076 | 1422.3890 | 1444.9541 |
| December | 1497.0555 | 1441.6786 | 1467.3429 |