YEARLY HIGH
0.1624 IQD
YEARLY LOW
0.1243 IQD
YEARLY AVERAGE
0.1371 IQD

2016 GNF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GNF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.1624. Conversely, the yearly low was recorded on December 22, dropping to 0.1243.

This high-to-low spread represents a total annual volatility of 0.0381 IQD. From a start-to-finish perspective, comparing the January average rate of 0.1412 to the December average rate of 0.1268, the exchange rate registered a net change of -10.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1624 was down 4.07% compared to the 2015 peak of 0.1693, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 812 IQD
2015 Average 793 IQD
Yearly Trough Low 621 IQD
Transaction Impact: A difference of 190.57 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1562
0.1241
JanuMarcMayJulySeptNove

GNF 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 0.1459, compared to 0.1283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0177 points.

H1 Avg (Jan–Jun) 0.1459
H2 Avg (Jul–Dec) 0.1283

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0330 IQD (High: 0.1624 / Low: 0.1294). On the other end, March was the most stable month, with a tight range of 0.0015 IQD (High: 0.1437 / Low: 0.1422).

June Spread (Volatile) ±0.0330
March Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0216 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.1521) against the same month in 2015 (average: 0.1610), the exchange rate shifted by -0.0089 (-5.52%).

2016 Avg (June) 0.1521
2015 Avg (June) 0.1610

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1427 0.1391 0.1412
February 0.1427 0.1400 0.1414
March 0.1437 0.1422 0.1429
April 0.1471 0.1432 0.1445
May 0.1611 0.1464 0.1536
June 0.1624 0.1294 0.1521
July 0.1325 0.1294 0.1305
August 0.1311 0.1276 0.1289
September 0.1297 0.1274 0.1282
October 0.1291 0.1274 0.1280
November 0.1293 0.1260 0.1272
December 0.1291 0.1243 0.1268