YEARLY HIGH
1738.8222 IQD
YEARLY LOW
1412.5717 IQD
YEARLY AVERAGE
1542.3487 IQD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 8,694,111 IQD
2015 Average 8,904,313 IQD
Yearly Trough Low 7,062,858 IQD
Transaction Impact: A difference of 1,631,252.76 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1688.3954
1413.7520
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1594.1418
H2 Avg (Jul–Dec) 1490.5556

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±186.2917
November Spread (Stable) ±47.0187

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -128.8338

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (June) 1665.5085
2015 Avg (June) 1845.6898

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