2016 ILS to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ILS to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ILS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 310.6893. Conversely, the yearly low was recorded on January 24, dropping to 273.3261.
This high-to-low spread represents a total annual volatility of 37.3632 IQD. From a start-to-finish perspective, comparing the January average rate of 276.6236 to the December average rate of 306.9208, the exchange rate registered a net change of 10.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 310.6893 was down 1.79% compared to the 2015 peak of 316.3660, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ILS 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 288.2250, compared to 305.5804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.3554 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 18.0822 IQD (High: 307.7099 / Low: 289.6277). On the other end, September was the most stable month, with a tight range of 2.7425 IQD (High: 310.6893 / Low: 307.9468).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 4.7778 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2016: 309.4882) against the same month in 2015 (average: 298.9842), the exchange rate shifted by +10.5039 (+3.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 282.7664 | 273.3261 | 276.6236 |
| February | 280.9621 | 274.7726 | 278.7919 |
| March | 289.3121 | 278.2292 | 281.7093 |
| April | 296.0365 | 285.9157 | 290.5722 |
| May | 307.7099 | 289.6277 | 297.8309 |
| June | 308.4773 | 297.8131 | 303.8220 |
| July | 307.0022 | 300.2278 | 303.0789 |
| August | 309.5857 | 304.0459 | 307.1334 |
| September | 310.6893 | 307.9468 | 309.4882 |
| October | 310.1632 | 301.7184 | 304.7103 |
| November | 305.8694 | 297.1333 | 302.1508 |
| December | 310.0258 | 302.6192 | 306.9208 |