YEARLY HIGH
0.0064 DKK
YEARLY LOW
0.0055 DKK
YEARLY AVERAGE
0.0059 DKK

2016 IQD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0064. Conversely, the yearly low was recorded on June 8, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0008 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0063 to the December average rate of 0.0060, the exchange rate registered a net change of -4.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0064 was down 3.08% compared to the 2015 peak of 0.0066, 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 32 DKK
2015 Average 29 DKK
Yearly Trough Low 28 DKK
Transaction Impact: A difference of 4.13 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0064
0.0056
JanuMarcMayJulySeptNove

IQD to DKK 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 0.0060, compared to 0.0058 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) 0.0060
H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0004 DKK (High: 0.0060 / Low: 0.0056). On the other end, September was the most stable month, with a tight range of 0.0001 DKK (High: 0.0057 / Low: 0.0057).

May Spread (Volatile) ±0.0004
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0063) against the same month in 2015 (average: 0.0055), the exchange rate shifted by +0.0008 (+14.89%).

2016 Avg (January) 0.0063
2015 Avg (January) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0064 0.0062 0.0063
February 0.0063 0.0061 0.0062
March 0.0063 0.0060 0.0062
April 0.0061 0.0059 0.0060
May 0.0060 0.0056 0.0058
June 0.0058 0.0055 0.0056
July 0.0058 0.0057 0.0058
August 0.0057 0.0056 0.0057
September 0.0057 0.0057 0.0057
October 0.0059 0.0057 0.0058
November 0.0061 0.0058 0.0059
December 0.0061 0.0059 0.0060