YEARLY HIGH
0.0072 HKD
YEARLY LOW
0.0065 HKD
YEARLY AVERAGE
0.0068 HKD

2016 IQD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0072. Conversely, the yearly low was recorded on December 31, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0007 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0066, the exchange rate registered a net change of -7.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0072 was down 0.88% compared to the 2015 peak of 0.0072, 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 36 HKD
2015 Average 33 HKD
Yearly Trough Low 33 HKD
Transaction Impact: A difference of 3.27 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0072
0.0065
JanuMarcMayJulySeptNove

IQD to HKD 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 0.0070, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0070
H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0004 HKD (High: 0.0070 / Low: 0.0066). On the other end, March was the most stable month, with a tight range of 0.0000 HKD (High: 0.0071 / Low: 0.0071).

May Spread (Volatile) ±0.0004
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 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 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0071) against the same month in 2015 (average: 0.0066), the exchange rate shifted by +0.0005 (+7.48%).

2016 Avg (January) 0.0071
2015 Avg (January) 0.0066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0072 0.0070 0.0071
February 0.0072 0.0071 0.0072
March 0.0071 0.0071 0.0071
April 0.0071 0.0070 0.0071
May 0.0070 0.0066 0.0068
June 0.0067 0.0066 0.0066
July 0.0066 0.0066 0.0066
August 0.0067 0.0066 0.0067
September 0.0067 0.0066 0.0067
October 0.0067 0.0066 0.0067
November 0.0067 0.0066 0.0067
December 0.0067 0.0065 0.0066