2023 IQD to BOB Historical Review

YEARLY HIGH

0.0053 BOB

YEARLY LOW

0.0047 BOB

YEARLY AVERAGE

0.0051 BOB

2023 IQD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 0.0053. Conversely, the yearly low was recorded on February 4, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0006 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0047 to the December average rate of 0.0053, the exchange rate registered a net change of 11.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0053 was up 11.06% compared to the 2022 peak of 0.0048, 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 27 BOB

2022 Average 24 BOB

Yearly Trough Low 23 BOB

Transaction Impact: A difference of 3.13 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0053

0.0047

JanuMarcMayJulySeptNove

IQD to BOB 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 0.0049, compared to 0.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0049

H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0006 BOB (High: 0.0053 / Low: 0.0047). On the other end, January was the most stable month, with a tight range of 0.0000 BOB (High: 0.0047 / Low: 0.0047).

May Spread (Volatile) ±0.0006

January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and August, 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 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 (July 2023: 0.0053) against the same month in 2022 (average: 0.0047), the exchange rate shifted by +0.0006 (+11.91%).

2023 Avg (July) 0.0053

2022 Avg (July) 0.0047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0047	0.0047	0.0047
February	0.0048	0.0047	0.0047
March	0.0047	0.0047	0.0047
April	0.0052	0.0047	0.0048
May	0.0053	0.0047	0.0052
June	0.0053	0.0053	0.0053
July	0.0053	0.0052	0.0053
August	0.0053	0.0052	0.0053
September	0.0053	0.0053	0.0053
October	0.0053	0.0053	0.0053
November	0.0053	0.0053	0.0053
December	0.0053	0.0053	0.0053