YEARLY HIGH
0.0235 ETB
YEARLY LOW
0.0189 ETB
YEARLY AVERAGE
0.0204 ETB

2017 IQD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IQD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.0235. Conversely, the yearly low was recorded on January 1, dropping to 0.0189.

This high-to-low spread represents a total annual volatility of 0.0046 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0191 to the December average rate of 0.0230, the exchange rate registered a net change of 20.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0235 was up 18.51% compared to the 2016 peak of 0.0198, 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 117 ETB
2016 Average 96 ETB
Yearly Trough Low 95 ETB
Transaction Impact: A difference of 22.85 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0238
0.0187
JanuMarcMayJulySeptNove

IQD to ETB 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 0.0194, compared to 0.0214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0194
H2 Avg (Jul–Dec) 0.0214

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0033 ETB (High: 0.0234 / Low: 0.0201). On the other end, September was the most stable month, with a tight range of 0.0003 ETB (High: 0.0203 / Low: 0.0199).

October Spread (Volatile) ±0.0033
September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0004 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0234) against the same month in 2016 (average: 0.0192), the exchange rate shifted by +0.0042 (+21.69%).

2017 Avg (November) 0.0234
2016 Avg (November) 0.0192

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0193 0.0189 0.0191
February 0.0193 0.0189 0.0192
March 0.0196 0.0192 0.0194
April 0.0197 0.0193 0.0195
May 0.0199 0.0194 0.0197
June 0.0200 0.0195 0.0198
July 0.0201 0.0196 0.0199
August 0.0201 0.0196 0.0200
September 0.0203 0.0199 0.0201
October 0.0234 0.0201 0.0222
November 0.0235 0.0231 0.0234
December 0.0231 0.0228 0.0230