2016 IQD to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 IQD to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the IQD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.0632. Conversely, the yearly low was recorded on June 8, dropping to 0.0564.
This high-to-low spread represents a total annual volatility of 0.0068 INR. From a start-to-finish perspective, comparing the January average rate of 0.0616 to the December average rate of 0.0577, the exchange rate registered a net change of -6.41% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 0.0632 was up 2.20% compared to the 2015 peak of 0.0618, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 IQD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
IQD to INR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0605, compared to 0.0576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.0038 INR (High: 0.0606 / Low: 0.0567). On the other end, October was the most stable month, with a tight range of 0.0004 INR (High: 0.0576 / Low: 0.0571).
Growth Streaks & Declines
TrendsBetween September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0017 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 0.0627) against the same month in 2015 (average: 0.0523), the exchange rate shifted by +0.0104 (+19.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0625 | 0.0602 | 0.0616 |
| February | 0.0632 | 0.0621 | 0.0627 |
| March | 0.0623 | 0.0609 | 0.0615 |
| April | 0.0612 | 0.0598 | 0.0606 |
| May | 0.0606 | 0.0567 | 0.0590 |
| June | 0.0587 | 0.0564 | 0.0574 |
| July | 0.0578 | 0.0572 | 0.0575 |
| August | 0.0577 | 0.0571 | 0.0574 |
| September | 0.0576 | 0.0569 | 0.0573 |
| October | 0.0576 | 0.0571 | 0.0574 |
| November | 0.0591 | 0.0573 | 0.0583 |
| December | 0.0589 | 0.0571 | 0.0577 |