2023 IQD to BWP Historical Review

YEARLY HIGH

0.0106 BWP

YEARLY LOW

0.0087 BWP

YEARLY AVERAGE

0.0099 BWP

2023 IQD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.0106. Conversely, the yearly low was recorded on January 15, dropping to 0.0087.

This high-to-low spread represents a total annual volatility of 0.0019 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0088 to the December average rate of 0.0103, the exchange rate registered a net change of 17.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0106 was up 14.30% compared to the 2022 peak of 0.0093, 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 53 BWP

2022 Average 42 BWP

Yearly Trough Low 43 BWP

Transaction Impact: A difference of 9.62 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0107

0.0086

JanuMarcMayJulySeptNove

IQD to BWP 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 0.0094, compared to 0.0103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0094

H2 Avg (Jul–Dec) 0.0103

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0015 BWP (High: 0.0105 / Low: 0.0091). On the other end, January was the most stable month, with a tight range of 0.0002 BWP (High: 0.0088 / Low: 0.0087).

May Spread (Volatile) ±0.0015

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0105) against the same month in 2022 (average: 0.0092), the exchange rate shifted by +0.0013 (+14.47%).

2023 Avg (October) 0.0105

2022 Avg (October) 0.0092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0088	0.0087	0.0088
February	0.0091	0.0087	0.0090
March	0.0092	0.0089	0.0091
April	0.0100	0.0089	0.0091
May	0.0105	0.0091	0.0102
June	0.0105	0.0101	0.0103
July	0.0104	0.0099	0.0101
August	0.0104	0.0101	0.0103
September	0.0105	0.0103	0.0104
October	0.0106	0.0104	0.0105
November	0.0104	0.0102	0.0103
December	0.0105	0.0102	0.0103