2023 IQD to IRR Historical Review

YEARLY HIGH

32.5423 IRR

YEARLY LOW

28.5164 IRR

YEARLY AVERAGE

31.1416 IRR

2023 IQD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 32.5423. Conversely, the yearly low was recorded on March 26, dropping to 28.5164.

This high-to-low spread represents a total annual volatility of 4.0258 IRR. From a start-to-finish perspective, comparing the January average rate of 28.7289 to the December average rate of 32.2202, the exchange rate registered a net change of 12.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 32.5423 was up 10.70% compared to the 2022 peak of 29.3976, 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 162,711 IRR

2022 Average 144,781 IRR

Yearly Trough Low 142,582 IRR

Transaction Impact: A difference of 20,129.16 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32.6700

28.3706

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 30.0109, compared to 32.2724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2615 points.

H1 Avg (Jan–Jun) 30.0109

H2 Avg (Jul–Dec) 32.2724

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 3.4344 IRR (High: 32.3530 / Low: 28.9185). On the other end, September was the most stable month, with a tight range of 0.1968 IRR (High: 32.3795 / Low: 32.1827).

May Spread (Volatile) ±3.4344

September Spread (Stable) ±0.1968

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0915 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 32.2824) against the same month in 2022 (average: 28.9803), the exchange rate shifted by +3.3021 (+11.39%).

2023 Avg (August) 32.2824

2022 Avg (August) 28.9803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.9277	28.5252	28.7289
February	29.2089	28.5202	28.9216
March	29.3591	28.5164	28.9266
April	32.1249	28.9185	29.1445
May	32.3530	28.9185	32.0643
June	32.4716	32.1932	32.2793
July	32.5232	32.0800	32.2820
August	32.5423	32.0062	32.2824
September	32.3795	32.1827	32.2652
October	32.3948	32.1946	32.2729
November	32.5098	32.2322	32.3117
December	32.2978	32.0383	32.2202