YEARLY HIGH
0.0059 CNY
YEARLY LOW
0.0055 CNY
YEARLY AVERAGE
0.0058 CNY

2017 IQD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IQD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.0059. Conversely, the yearly low was recorded on December 30, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0005 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0058 to the December average rate of 0.0055, the exchange rate registered a net change of -5.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0059 was down 1.88% compared to the 2016 peak of 0.0061, 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 30 CNY
2016 Average 29 CNY
Yearly Trough Low 27 CNY
Transaction Impact: A difference of 2.37 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0059
0.0055
JanuMarcMayJulySeptNove

IQD to CNY 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 0.0059, compared to 0.0057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0059
H2 Avg (Jul–Dec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.0002 CNY (High: 0.0057 / Low: 0.0055). On the other end, February was the most stable month, with a tight range of 0.0001 CNY (High: 0.0058 / Low: 0.0057).

September Spread (Volatile) ±0.0002
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.0059) against the same month in 2016 (average: 0.0060), the exchange rate shifted by -0.0001 (-1.78%).

2017 Avg (March) 0.0059
2016 Avg (March) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0059 0.0057 0.0058
February 0.0058 0.0057 0.0058
March 0.0059 0.0058 0.0059
April 0.0059 0.0058 0.0059
May 0.0059 0.0058 0.0059
June 0.0059 0.0057 0.0058
July 0.0059 0.0057 0.0058
August 0.0058 0.0056 0.0057
September 0.0057 0.0055 0.0056
October 0.0057 0.0056 0.0057
November 0.0057 0.0056 0.0057
December 0.0056 0.0055 0.0055