2023 IQD to GBP Historical Review

YEARLY HIGH

0.0006 GBP

YEARLY LOW

0.0005 GBP

YEARLY AVERAGE

0.0006 GBP

2023 IQD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0006. Conversely, the yearly low was recorded on April 29, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0001 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0006 to the December average rate of 0.0006, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0006 was down 1.01% compared to the 2022 peak of 0.0006, 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 3 GBP

2022 Average 3 GBP

Yearly Trough Low 3 GBP

Transaction Impact: A difference of 0.44 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0006

0.0005

JanuMarcMayJulySeptNove

IQD to GBP 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 0.0006, compared to 0.0006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0006

H2 Avg (Jul–Dec) 0.0006

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0001 GBP (High: 0.0006 / Low: 0.0005). On the other end, October was the most stable month, with a tight range of 0.0000 GBP (High: 0.0006 / Low: 0.0006).

May Spread (Volatile) ±0.0001

October Spread (Stable) ±0.0000

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 November and December, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0006) against the same month in 2022 (average: 0.0006), the exchange rate shifted by +0.0000 (+3.46%).

2023 Avg (October) 0.0006

2022 Avg (October) 0.0006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0006	0.0006	0.0006
February	0.0006	0.0006	0.0006
March	0.0006	0.0006	0.0006
April	0.0006	0.0005	0.0006
May	0.0006	0.0005	0.0006
June	0.0006	0.0006	0.0006
July	0.0006	0.0006	0.0006
August	0.0006	0.0006	0.0006
September	0.0006	0.0006	0.0006
October	0.0006	0.0006	0.0006
November	0.0006	0.0006	0.0006
December	0.0006	0.0006	0.0006