2023 GYD to IQD Historical Review

YEARLY HIGH

6.9829 IQD

YEARLY LOW

6.1555 IQD

YEARLY AVERAGE

6.4682 IQD

2023 GYD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 6.9829. Conversely, the yearly low was recorded on June 24, dropping to 6.1555.

This high-to-low spread represents a total annual volatility of 0.8274 IQD. From a start-to-finish perspective, comparing the January average rate of 6.9611 to the December average rate of 6.2566, the exchange rate registered a net change of -10.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.9829 was down 0.85% compared to the 2022 peak of 7.0429, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,914 IQD

2022 Average 34,883 IQD

Yearly Trough Low 30,778 IQD

Transaction Impact: A difference of 4,136.83 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7.0379

6.1163

JanuMarcMayJulySeptNove

GYD 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 6.6826, compared to 6.2538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4288 points.

H1 Avg (Jan–Jun) 6.6826

H2 Avg (Jul–Dec) 6.2538

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.7291 IQD (High: 6.9178 / Low: 6.1887). On the other end, September was the most stable month, with a tight range of 0.0122 IQD (High: 6.2662 / Low: 6.2541).

May Spread (Volatile) ±0.7291

September Spread (Stable) ±0.0122

Growth Streaks & Declines

Trends

Between June and September, 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 April and May, when the average rate fell by 0.6236 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 6.9611) against the same month in 2022 (average: 6.9773), the exchange rate shifted by -0.0162 (-0.23%).

2023 Avg (January) 6.9611

2022 Avg (January) 6.9773

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.9829	6.9157	6.9611
February	6.9816	6.8535	6.9175
March	6.9344	6.9035	6.9182
April	6.9559	6.2352	6.8645
May	6.9178	6.1887	6.2409
June	6.2113	6.1555	6.1931
July	6.2649	6.1599	6.2366
August	6.3038	6.2079	6.2572
September	6.2662	6.2541	6.2599
October	6.2674	6.2416	6.2588
November	6.2720	6.2033	6.2539
December	6.2848	6.2296	6.2566