YEARLY HIGH
0.0179 CZK
YEARLY LOW
0.0144 CZK
YEARLY AVERAGE
0.0164 CZK

2023 IQD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.0179. Conversely, the yearly low was recorded on April 13, dropping to 0.0144.

This high-to-low spread represents a total annual volatility of 0.0035 CZK. From a start-to-finish perspective, comparing the January average rate of 0.0152 to the December average rate of 0.0171, the exchange rate registered a net change of 12.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0179 was up 1.76% compared to the 2022 peak of 0.0176, 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 90 CZK
2022 Average 80 CZK
Yearly Trough Low 72 CZK
Transaction Impact: A difference of 17.62 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0181
0.0144
JanuMarcMayJulySeptNove

IQD to CZK 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 0.0156, compared to 0.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0156
H2 Avg (Jul–Dec) 0.0172

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0023 CZK (High: 0.0169 / Low: 0.0147). On the other end, October was the most stable month, with a tight range of 0.0003 CZK (High: 0.0179 / Low: 0.0176).

May Spread (Volatile) ±0.0023
October Spread (Stable) ±0.0003

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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0178) against the same month in 2022 (average: 0.0171), the exchange rate shifted by +0.0007 (+4.00%).

2023 Avg (October) 0.0178
2022 Avg (October) 0.0171

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0157 0.0149 0.0152
February 0.0154 0.0148 0.0152
March 0.0156 0.0148 0.0152
April 0.0162 0.0144 0.0147
May 0.0169 0.0147 0.0165
June 0.0169 0.0165 0.0167
July 0.0168 0.0162 0.0165
August 0.0171 0.0166 0.0169
September 0.0177 0.0171 0.0174
October 0.0179 0.0176 0.0178
November 0.0178 0.0168 0.0173
December 0.0173 0.0170 0.0171