2016 IQD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 IQD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the IQD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 27.8035. Conversely, the yearly low was recorded on December 30, dropping to 25.3132.
This high-to-low spread represents a total annual volatility of 2.4903 IRR. From a start-to-finish perspective, comparing the January average rate of 27.4735 to the December average rate of 25.5727, the exchange rate registered a net change of -6.92% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 27.8035 was down 0.69% compared to the 2015 peak of 27.9958, 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 IRR 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 27.1826, compared to 25.7915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3910 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 1.7137 IRR (High: 27.3421 / Low: 25.6284). On the other end, March was the most stable month, with a tight range of 0.0570 IRR (High: 27.8035 / Low: 27.7465).
Growth Streaks & Declines
TrendsBetween August and November, 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 April and May, when the average rate fell by 0.9144 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 27.7647) against the same month in 2015 (average: 23.5828), the exchange rate shifted by +4.1819 (+17.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.5983 | 27.2124 | 27.4735 |
| February | 27.7470 | 27.5490 | 27.7193 |
| March | 27.8035 | 27.7465 | 27.7647 |
| April | 27.7824 | 27.3123 | 27.5916 |
| May | 27.3421 | 25.6284 | 26.6772 |
| June | 26.2005 | 25.6559 | 25.8689 |
| July | 26.0586 | 25.7259 | 25.7982 |
| August | 25.8734 | 25.7465 | 25.7930 |
| September | 25.8822 | 25.7431 | 25.8170 |
| October | 25.9061 | 25.7729 | 25.8517 |
| November | 26.0685 | 25.4839 | 25.9164 |
| December | 26.1714 | 25.3132 | 25.5727 |