YEARLY HIGH
52.3093 IQD
YEARLY LOW
47.9965 IQD
YEARLY AVERAGE
50.0461 IQD

2016 HNL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 52.3093. Conversely, the yearly low was recorded on February 28, dropping to 47.9965.

This high-to-low spread represents a total annual volatility of 4.3128 IQD. From a start-to-finish perspective, comparing the January average rate of 48.6841 to the December average rate of 50.4219, the exchange rate registered a net change of 3.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 52.3093 was down 7.51% compared to the 2015 peak of 56.5596, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 261,547 IQD
2015 Average 268,559 IQD
Yearly Trough Low 239,982 IQD
Transaction Impact: A difference of 21,564.19 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

52.0092
47.8051
JanuMarcMayJulySeptNove

HNL 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 49.2608, compared to 50.8314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5706 points.

H1 Avg (Jan–Jun) 49.2608
H2 Avg (Jul–Dec) 50.8314

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 3.3110 IQD (High: 52.3093 / Low: 48.9983). On the other end, March was the most stable month, with a tight range of 0.2914 IQD (High: 48.2976 / Low: 48.0062).

May Spread (Volatile) ±3.3110
March Spread (Stable) ±0.2914

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.5065 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 50.2826) against the same month in 2015 (average: 54.0577), the exchange rate shifted by -3.7752 (-6.98%).

2016 Avg (May) 50.2826
2015 Avg (May) 54.0577

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.3149 48.2432 48.6841
February 48.5343 47.9965 48.2267
March 48.2976 48.0062 48.1555
April 49.1018 48.1491 48.5574
May 52.3093 48.9983 50.2826
June 52.1991 51.0642 51.6589
July 51.5520 51.0581 51.2941
August 51.3186 50.7957 51.0069
September 51.1852 50.8070 50.9910
October 51.2874 50.6253 50.8905
November 51.1823 49.9324 50.3840
December 50.9641 49.5503 50.4219