2023 IQD to KPW Historical Review

YEARLY HIGH

0.6927 KPW

YEARLY LOW

0.6110 KPW

YEARLY AVERAGE

0.6638 KPW

2023 IQD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.6927. Conversely, the yearly low was recorded on February 5, dropping to 0.6110.

This high-to-low spread represents a total annual volatility of 0.0817 KPW. From a start-to-finish perspective, comparing the January average rate of 0.6166 to the December average rate of 0.6867, the exchange rate registered a net change of 11.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6927 was up 11.01% compared to the 2022 peak of 0.6240, 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 3,463 KPW

2022 Average 3,083 KPW

Yearly Trough Low 3,055 KPW

Transaction Impact: A difference of 408.57 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6954

0.6094

JanuMarcMayJulySeptNove

IQD to KPW 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 0.6402, compared to 0.6874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0472 points.

H1 Avg (Jan–Jun) 0.6402

H2 Avg (Jul–Dec) 0.6874

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0732 KPW (High: 0.6892 / Low: 0.6160). On the other end, January was the most stable month, with a tight range of 0.0027 KPW (High: 0.6187 / Low: 0.6161).

May Spread (Volatile) ±0.0732

January Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between February and July, 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 0.0015 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.6882) against the same month in 2022 (average: 0.6170), the exchange rate shifted by +0.0712 (+11.53%).

2023 Avg (November) 0.6882

2022 Avg (November) 0.6170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6187	0.6161	0.6166
February	0.6222	0.6110	0.6165
March	0.6254	0.6160	0.6175
April	0.6839	0.6160	0.6207
May	0.6892	0.6160	0.6827
June	0.6913	0.6850	0.6872
July	0.6924	0.6863	0.6878
August	0.6922	0.6818	0.6872
September	0.6897	0.6858	0.6873
October	0.6901	0.6860	0.6875
November	0.6927	0.6866	0.6882
December	0.6876	0.6833	0.6867