2023 IQD to GMD Historical Review

YEARLY HIGH

0.0516 GMD

YEARLY LOW

0.0410 GMD

YEARLY AVERAGE

0.0460 GMD

2023 IQD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0516. Conversely, the yearly low was recorded on April 30, dropping to 0.0410.

This high-to-low spread represents a total annual volatility of 0.0106 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0425 to the December average rate of 0.0514, the exchange rate registered a net change of 20.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0516 was up 20.54% compared to the 2022 peak of 0.0428, 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 258 GMD

2022 Average 190 GMD

Yearly Trough Low 205 GMD

Transaction Impact: A difference of 52.77 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0523

0.0409

JanuMarcMayJulySeptNove

IQD to GMD 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 0.0433, compared to 0.0486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0433

H2 Avg (Jul–Dec) 0.0486

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0062 GMD (High: 0.0472 / Low: 0.0410). On the other end, July was the most stable month, with a tight range of 0.0004 GMD (High: 0.0459 / Low: 0.0455).

April Spread (Volatile) ±0.0062

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and December, 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 January and February, when the average rate fell by 0.0006 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0512) against the same month in 2022 (average: 0.0419), the exchange rate shifted by +0.0092 (+21.98%).

2023 Avg (November) 0.0512

2022 Avg (November) 0.0419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0428	0.0419	0.0425
February	0.0423	0.0414	0.0419
March	0.0427	0.0418	0.0421
April	0.0472	0.0410	0.0427
May	0.0460	0.0411	0.0453
June	0.0457	0.0453	0.0454
July	0.0459	0.0455	0.0456
August	0.0465	0.0457	0.0463
September	0.0497	0.0461	0.0472
October	0.0505	0.0491	0.0501
November	0.0516	0.0497	0.0512
December	0.0515	0.0509	0.0514