2023 HTG to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 HTG to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the HTG to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 9.9594. Conversely, the yearly low was recorded on April 19, dropping to 8.4534.
This high-to-low spread represents a total annual volatility of 1.5060 IQD. From a start-to-finish perspective, comparing the January average rate of 9.8336 to the December average rate of 9.9122, the exchange rate registered a net change of 0.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 9.9594 was down 32.61% compared to the 2022 peak of 14.7778, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HTG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
HTG 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 9.4805, compared to 9.7268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2462 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 1.1603 IQD (High: 9.6138 / Low: 8.4534). On the other end, December was the most stable month, with a tight range of 0.0767 IQD (High: 9.9594 / Low: 9.8828).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2819 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 9.9122) against the same month in 2022 (average: 10.0895), the exchange rate shifted by -0.1772 (-1.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.8967 | 9.7624 | 9.8336 |
| February | 9.8232 | 9.6338 | 9.7200 |
| March | 9.6818 | 9.3812 | 9.4917 |
| April | 9.6138 | 8.4534 | 9.3581 |
| May | 9.4995 | 8.6218 | 9.0762 |
| June | 9.4703 | 9.3109 | 9.4033 |
| July | 9.5972 | 9.4086 | 9.5033 |
| August | 9.6696 | 9.5229 | 9.6222 |
| September | 9.7380 | 9.6043 | 9.6804 |
| October | 9.8685 | 9.6554 | 9.7725 |
| November | 9.8979 | 9.7845 | 9.8698 |
| December | 9.9594 | 9.8828 | 9.9122 |