2023 IDR to IQD Historical Review

YEARLY HIGH

0.0996 IQD

YEARLY LOW

0.0821 IQD

YEARLY AVERAGE

0.0892 IQD

2023 IDR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0996. Conversely, the yearly low was recorded on October 29, dropping to 0.0821.

This high-to-low spread represents a total annual volatility of 0.0175 IQD. From a start-to-finish perspective, comparing the January average rate of 0.0958 to the December average rate of 0.0847, the exchange rate registered a net change of -11.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0996 was down 2.85% compared to the 2022 peak of 0.1025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 995,900 IQD

2022 Average 983,934 IQD

Yearly Trough Low 821,278 IQD

Transaction Impact: A difference of 174,622.43 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0990

0.0816

JanuMarcMayJulySeptNove

IDR 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 0.0936, compared to 0.0849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.0936

H2 Avg (Jul–Dec) 0.0849

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0122 IQD (High: 0.0995 / Low: 0.0873). On the other end, December was the most stable month, with a tight range of 0.0016 IQD (High: 0.0853 / Low: 0.0837).

May Spread (Volatile) ±0.0122

December Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0087 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0976) against the same month in 2022 (average: 0.1015), the exchange rate shifted by -0.0039 (-3.85%).

2023 Avg (April) 0.0976

2022 Avg (April) 0.1015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0977	0.0935	0.0958
February	0.0980	0.0954	0.0963
March	0.0975	0.0936	0.0953
April	0.0996	0.0879	0.0976
May	0.0995	0.0873	0.0889
June	0.0883	0.0865	0.0876
July	0.0877	0.0857	0.0869
August	0.0868	0.0852	0.0858
September	0.0860	0.0841	0.0852
October	0.0849	0.0821	0.0831
November	0.0853	0.0823	0.0840
December	0.0853	0.0837	0.0847