YEARLY HIGH
1.5186 BIF
YEARLY LOW
1.4104 BIF
YEARLY AVERAGE
1.4686 BIF

2017 IQD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IQD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.5186. Conversely, the yearly low was recorded on February 16, dropping to 1.4104.

This high-to-low spread represents a total annual volatility of 0.1082 BIF. From a start-to-finish perspective, comparing the January average rate of 1.4229 to the December average rate of 1.4775, the exchange rate registered a net change of 3.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5186 was up 3.96% compared to the 2016 peak of 1.4608, 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 7,593 BIF
2016 Average 7,096 BIF
Yearly Trough Low 7,052 BIF
Transaction Impact: A difference of 540.77 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5127
1.4147
JanuMarcMayJulySeptNove

IQD to BIF 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 1.4469, compared to 1.4903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0434 points.

H1 Avg (Jan–Jun) 1.4469
H2 Avg (Jul–Dec) 1.4903

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0466 BIF (High: 1.4902 / Low: 1.4436). On the other end, December was the most stable month, with a tight range of 0.0209 BIF (High: 1.4894 / Low: 1.4685).

July Spread (Volatile) ±0.0466
December Spread (Stable) ±0.0209

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0270 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.5045) against the same month in 2016 (average: 1.4408), the exchange rate shifted by +0.0637 (+4.42%).

2017 Avg (November) 1.5045
2016 Avg (November) 1.4408

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4425 1.4127 1.4229
February 1.4435 1.4104 1.4332
March 1.4685 1.4325 1.4439
April 1.4591 1.4301 1.4489
May 1.4797 1.4344 1.4566
June 1.4847 1.4587 1.4759
July 1.4902 1.4436 1.4782
August 1.5043 1.4694 1.4895
September 1.5026 1.4654 1.4905
October 1.5099 1.4883 1.5017
November 1.5186 1.4750 1.5045
December 1.4894 1.4685 1.4775