YEARLY HIGH
153.2044 IQD
YEARLY LOW
139.2655 IQD
YEARLY AVERAGE
146.7856 IQD

2016 HKD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 153.2044. Conversely, the yearly low was recorded on January 19, dropping to 139.2655.

This high-to-low spread represents a total annual volatility of 13.9389 IQD. From a start-to-finish perspective, comparing the January average rate of 140.3645 to the December average rate of 151.5927, the exchange rate registered a net change of 8.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 153.2044 was down 0.70% compared to the 2015 peak of 154.2873, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 3,830,110 IQD
2015 Average 3,756,765 IQD
Yearly Trough Low 3,481,639 IQD
Transaction Impact: A difference of 348,471.69 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

152.7662
138.6836
JanuMarcMayJulySeptNove

HKD 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 143.1855, compared to 150.3856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.2001 points.

H1 Avg (Jan–Jun) 143.1855
H2 Avg (Jul–Dec) 150.3856

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 9.6172 IQD (High: 152.2076 / Low: 142.5904). On the other end, March was the most stable month, with a tight range of 0.3688 IQD (High: 140.3979 / Low: 140.0291).

May Spread (Volatile) ±9.6172
March Spread (Stable) ±0.3688

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.5074 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 151.5927) against the same month in 2015 (average: 141.4685), the exchange rate shifted by +10.1242 (+7.16%).

2016 Avg (December) 151.5927
2015 Avg (December) 141.4685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 142.0496 139.2655 140.3645
February 140.1112 139.6311 139.8571
March 140.3979 140.0291 140.2720
April 142.7661 140.2890 141.2983
May 152.2076 142.5904 146.2859
June 152.2378 149.3190 151.0354
July 150.8399 150.3976 150.6161
August 150.5618 149.9055 150.3183
September 150.6215 149.8461 150.1994
October 150.4100 149.6195 149.9548
November 152.1514 148.7557 149.6323
December 153.2044 148.1617 151.5927