2017 GTQ to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GTQ to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GTQ to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 162.9529. Conversely, the yearly low was recorded on January 20, dropping to 156.2073.
This high-to-low spread represents a total annual volatility of 6.7457 IQD. From a start-to-finish perspective, comparing the January average rate of 157.0654 to the December average rate of 161.9028, the exchange rate registered a net change of 3.08% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 162.9529 was up 3.11% compared to the 2016 peak of 158.0445, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GTQ based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GTQ 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 159.0496, compared to 160.0836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0340 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 3.9295 IQD (High: 162.9529 / Low: 159.0234). On the other end, December was the most stable month, with a tight range of 1.8148 IQD (High: 162.7923 / Low: 160.9775).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.4586 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 160.5755) against the same month in 2016 (average: 154.6619), the exchange rate shifted by +5.9137 (+3.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 158.1255 | 156.2073 | 157.0654 |
| February | 161.0515 | 158.2240 | 159.3554 |
| March | 160.9461 | 157.9958 | 159.7131 |
| April | 161.5645 | 158.3507 | 159.4964 |
| May | 161.5755 | 158.4082 | 159.4699 |
| June | 161.4747 | 157.8522 | 159.1974 |
| July | 162.1037 | 158.7411 | 159.8367 |
| August | 162.9529 | 159.0234 | 160.5755 |
| September | 162.1761 | 159.0724 | 160.3165 |
| October | 160.0604 | 158.1769 | 158.8580 |
| November | 161.8270 | 158.2480 | 159.0121 |
| December | 162.7923 | 160.9775 | 161.9028 |