YEARLY HIGH
17.7459 IQD
YEARLY LOW
15.8320 IQD
YEARLY AVERAGE
16.9614 IQD

2016 INR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the INR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 17.7459. Conversely, the yearly low was recorded on February 27, dropping to 15.8320.

This high-to-low spread represents a total annual volatility of 1.9139 IQD. From a start-to-finish perspective, comparing the January average rate of 16.2325 to the December average rate of 17.3443, the exchange rate registered a net change of 6.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 17.7459 was down 8.31% compared to the 2015 peak of 19.3547, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 4,436,474 IQD
2015 Average 4,546,191 IQD
Yearly Trough Low 3,957,989 IQD
Transaction Impact: A difference of 478,485.08 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

17.6026
15.7976
JanuMarcMayJulySeptNove

INR 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 16.5564, compared to 17.3664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8100 points.

H1 Avg (Jan–Jun) 16.5564
H2 Avg (Jul–Dec) 17.3664

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 1.1204 IQD (High: 17.6318 / Low: 16.5114). On the other end, October was the most stable month, with a tight range of 0.1347 IQD (High: 17.5040 / Low: 17.3693).

May Spread (Volatile) ±1.1204
October Spread (Stable) ±0.1347

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 0.2845 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 17.4329) against the same month in 2015 (average: 18.5562), the exchange rate shifted by -1.1233 (-6.05%).

2016 Avg (June) 17.4329
2015 Avg (June) 18.5562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.6140 15.9911 16.2325
February 16.0932 15.8320 15.9481
March 16.4310 16.0409 16.2695
April 16.7215 16.3319 16.4898
May 17.6318 16.5114 16.9656
June 17.7459 17.0451 17.4329
July 17.4977 17.2918 17.3991
August 17.5107 17.3262 17.4163
September 17.5690 17.3679 17.4522
October 17.5040 17.3693 17.4337
November 17.4486 16.9106 17.1527
December 17.5170 16.9788 17.3443