2023 IQD to JPY Historical Review

YEARLY HIGH

0.1161 JPY

YEARLY LOW

0.0876 JPY

YEARLY AVERAGE

0.1038 JPY

2023 IQD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 0.1161. Conversely, the yearly low was recorded on January 13, dropping to 0.0876.

This high-to-low spread represents a total annual volatility of 0.0285 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0892 to the December average rate of 0.1096, the exchange rate registered a net change of 22.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1161 was up 12.79% compared to the 2022 peak of 0.1029, 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 580 JPY

2022 Average 450 JPY

Yearly Trough Low 438 JPY

Transaction Impact: A difference of 142.42 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1171

0.0866

JanuMarcMayJulySeptNove

IQD to JPY 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 0.0960, compared to 0.1116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.0960

H2 Avg (Jul–Dec) 0.1116

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0140 JPY (High: 0.1074 / Low: 0.0934). On the other end, October was the most stable month, with a tight range of 0.0023 JPY (High: 0.1155 / Low: 0.1133).

May Spread (Volatile) ±0.0140

October Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and June, 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 November and December, when the average rate fell by 0.0049 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1146) against the same month in 2022 (average: 0.0972), the exchange rate shifted by +0.0173 (+17.81%).

2023 Avg (November) 0.1146

2022 Avg (November) 0.0972

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0913	0.0876	0.0892
February	0.0936	0.0881	0.0912
March	0.0941	0.0896	0.0917
April	0.1021	0.0896	0.0921
May	0.1074	0.0934	0.1041
June	0.1105	0.1060	0.1079
July	0.1109	0.1054	0.1079
August	0.1118	0.1082	0.1106
September	0.1141	0.1116	0.1129
October	0.1155	0.1133	0.1142
November	0.1161	0.1123	0.1146
December	0.1125	0.1075	0.1096