YEARLY HIGH
0.0028 AED
YEARLY LOW
0.0025 AED
YEARLY AVERAGE
0.0027 AED

2023 IQD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0028. Conversely, the yearly low was recorded on February 5, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0003 AED. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0028, the exchange rate registered a net change of 11.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0028 was up 11.00% compared to the 2022 peak of 0.0025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14 AED
2022 Average 13 AED
Yearly Trough Low 12 AED
Transaction Impact: A difference of 1.67 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0028
0.0025
JanuMarcMayJulySeptNove

IQD to AED 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 0.0026, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0026
H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0003 AED (High: 0.0028 / Low: 0.0025). On the other end, January was the most stable month, with a tight range of 0.0000 AED (High: 0.0025 / Low: 0.0025).

May Spread (Volatile) ±0.0003
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and July, 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 November and December, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0028) against the same month in 2022 (average: 0.0025), the exchange rate shifted by +0.0003 (+11.53%).

2023 Avg (November) 0.0028
2022 Avg (November) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0025 0.0025 0.0025
February 0.0025 0.0025 0.0025
March 0.0026 0.0025 0.0025
April 0.0028 0.0025 0.0025
May 0.0028 0.0025 0.0028
June 0.0028 0.0028 0.0028
July 0.0028 0.0028 0.0028
August 0.0028 0.0028 0.0028
September 0.0028 0.0028 0.0028
October 0.0028 0.0028 0.0028
November 0.0028 0.0028 0.0028
December 0.0028 0.0028 0.0028