2023 IQD to DJF Historical Review

YEARLY HIGH

0.1366 DJF

YEARLY LOW

0.1203 DJF

YEARLY AVERAGE

0.1312 DJF

2023 IQD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 0.1366. Conversely, the yearly low was recorded on April 29, dropping to 0.1203.

This high-to-low spread represents a total annual volatility of 0.0164 DJF. From a start-to-finish perspective, comparing the January average rate of 0.1218 to the December average rate of 0.1359, the exchange rate registered a net change of 11.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1366 was up 11.14% compared to the 2022 peak of 0.1229, 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 683 DJF

2022 Average 610 DJF

Yearly Trough Low 601 DJF

Transaction Impact: A difference of 81.88 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1374

0.1204

JanuMarcMayJulySeptNove

IQD to DJF 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 0.1265, compared to 0.1359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.1265

H2 Avg (Jul–Dec) 0.1359

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0146 DJF (High: 0.1349 / Low: 0.1203). On the other end, January was the most stable month, with a tight range of 0.0006 DJF (High: 0.1220 / Low: 0.1214).

April Spread (Volatile) ±0.0146

January Spread (Stable) ±0.0006

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 June and July, 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 (August 2023: 0.1358) against the same month in 2022 (average: 0.1220), the exchange rate shifted by +0.0138 (+11.31%).

2023 Avg (August) 0.1358

2022 Avg (August) 0.1220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1220	0.1214	0.1218
February	0.1223	0.1217	0.1219
March	0.1226	0.1217	0.1219
April	0.1349	0.1203	0.1225
May	0.1362	0.1217	0.1349
June	0.1363	0.1355	0.1359
July	0.1361	0.1348	0.1358
August	0.1366	0.1348	0.1358
September	0.1366	0.1357	0.1359
October	0.1363	0.1355	0.1359
November	0.1363	0.1355	0.1358
December	0.1366	0.1355	0.1359