YEARLY HIGH
0.1333 IQD
YEARLY LOW
0.1241 IQD
YEARLY AVERAGE
0.1286 IQD

2017 GNF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.1333. Conversely, the yearly low was recorded on March 27, dropping to 0.1241.

This high-to-low spread represents a total annual volatility of 0.0092 IQD. From a start-to-finish perspective, comparing the January average rate of 0.1261 to the December average rate of 0.1320, the exchange rate registered a net change of 4.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1333 was down 17.89% compared to the 2016 peak of 0.1624, 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 667 IQD
2016 Average 685 IQD
Yearly Trough Low 621 IQD
Transaction Impact: A difference of 46.00 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1326
0.1253
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 0.1268, compared to 0.1304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.1268
H2 Avg (Jul–Dec) 0.1304

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0046 IQD (High: 0.1295 / Low: 0.1249). On the other end, December was the most stable month, with a tight range of 0.0019 IQD (High: 0.1330 / Low: 0.1311).

May Spread (Volatile) ±0.0046
December Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.1307) against the same month in 2016 (average: 0.1289), the exchange rate shifted by +0.0018 (+1.37%).

2017 Avg (August) 0.1307
2016 Avg (August) 0.1289

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1290 0.1245 0.1261
February 0.1283 0.1252 0.1260
March 0.1276 0.1241 0.1259
April 0.1288 0.1248 0.1263
May 0.1295 0.1249 0.1276
June 0.1319 0.1273 0.1288
July 0.1316 0.1280 0.1296
August 0.1333 0.1290 0.1307
September 0.1333 0.1293 0.1306
October 0.1316 0.1290 0.1300
November 0.1315 0.1288 0.1294
December 0.1330 0.1311 0.1320