2023 IQD to INR Historical Review

YEARLY HIGH

0.0640 INR

YEARLY LOW

0.0555 INR

YEARLY AVERAGE

0.0609 INR

2023 IQD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0640. Conversely, the yearly low was recorded on January 22, dropping to 0.0555.

This high-to-low spread represents a total annual volatility of 0.0085 INR. From a start-to-finish perspective, comparing the January average rate of 0.0560 to the December average rate of 0.0635, the exchange rate registered a net change of 13.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0640 was up 11.90% compared to the 2022 peak of 0.0572, 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 320 INR

2022 Average 269 INR

Yearly Trough Low 277 INR

Transaction Impact: A difference of 42.58 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0644

0.0552

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0585, compared to 0.0634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0585

H2 Avg (Jul–Dec) 0.0634

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0074 INR (High: 0.0634 / Low: 0.0560). On the other end, October was the most stable month, with a tight range of 0.0005 INR (High: 0.0638 / Low: 0.0633).

May Spread (Volatile) ±0.0074

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0002 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0637) against the same month in 2022 (average: 0.0559), the exchange rate shifted by +0.0078 (+13.86%).

2023 Avg (November) 0.0637

2022 Avg (November) 0.0559

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0567	0.0555	0.0560
February	0.0573	0.0559	0.0566
March	0.0574	0.0559	0.0564
April	0.0624	0.0559	0.0565
May	0.0634	0.0560	0.0624
June	0.0631	0.0625	0.0627
July	0.0636	0.0625	0.0628
August	0.0637	0.0628	0.0633
September	0.0637	0.0631	0.0634
October	0.0638	0.0633	0.0636
November	0.0640	0.0634	0.0637
December	0.0637	0.0630	0.0635