YEARLY HIGH
0.0016 BZD
YEARLY LOW
0.0014 BZD
YEARLY AVERAGE
0.0015 BZD

2023 IQD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 0.0016. Conversely, the yearly low was recorded on April 30, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0002 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0014 to the December average rate of 0.0015, the exchange rate registered a net change of 11.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0016 was up 11.06% compared to the 2022 peak of 0.0014, 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 8 BZD
2022 Average 7 BZD
Yearly Trough Low 7 BZD
Transaction Impact: A difference of 0.95 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0016
0.0014
JanuMarcMayJulySeptNove

IQD to BZD 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 0.0014, compared to 0.0015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0014
H2 Avg (Jul–Dec) 0.0015

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0002 BZD (High: 0.0015 / Low: 0.0014). On the other end, January was the most stable month, with a tight range of 0.0000 BZD (High: 0.0014 / Low: 0.0014).

April Spread (Volatile) ±0.0002
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0015) against the same month in 2022 (average: 0.0014), the exchange rate shifted by +0.0002 (+11.35%).

2023 Avg (July) 0.0015
2022 Avg (July) 0.0014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0014 0.0014 0.0014
February 0.0014 0.0014 0.0014
March 0.0014 0.0014 0.0014
April 0.0015 0.0014 0.0014
May 0.0015 0.0014 0.0015
June 0.0015 0.0015 0.0015
July 0.0016 0.0015 0.0015
August 0.0016 0.0015 0.0015
September 0.0015 0.0015 0.0015
October 0.0015 0.0015 0.0015
November 0.0016 0.0015 0.0015
December 0.0015 0.0015 0.0015