YEARLY HIGH
0.3663 KZT
YEARLY LOW
0.2954 KZT
YEARLY AVERAGE
0.3367 KZT

2023 IQD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 0.3663. Conversely, the yearly low was recorded on March 5, dropping to 0.2954.

This high-to-low spread represents a total annual volatility of 0.0710 KZT. From a start-to-finish perspective, comparing the January average rate of 0.3169 to the December average rate of 0.3503, the exchange rate registered a net change of 10.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3663 was up 1.92% compared to the 2022 peak of 0.3595, 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 1,832 KZT
2022 Average 1,581 KZT
Yearly Trough Low 1,477 KZT
Transaction Impact: A difference of 354.86 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3694
0.3038
JanuMarcMayJulySeptNove

IQD to KZT 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 0.3214, compared to 0.3521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0307 points.

H1 Avg (Jan–Jun) 0.3214
H2 Avg (Jul–Dec) 0.3521

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0439 KZT (High: 0.3470 / Low: 0.3032). On the other end, January was the most stable month, with a tight range of 0.0039 KZT (High: 0.3190 / Low: 0.3151).

April Spread (Volatile) ±0.0439
January Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0098 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3639) against the same month in 2022 (average: 0.3237), the exchange rate shifted by +0.0402 (+12.43%).

2023 Avg (October) 0.3639
2022 Avg (October) 0.3237

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3190 0.3151 0.3169
February 0.3156 0.3050 0.3093
March 0.3184 0.2954 0.3096
April 0.3470 0.3032 0.3115
May 0.3442 0.3063 0.3384
June 0.3469 0.3390 0.3425
July 0.3447 0.3374 0.3401
August 0.3550 0.3379 0.3460
September 0.3662 0.3494 0.3578
October 0.3663 0.3580 0.3639
November 0.3588 0.3496 0.3542
December 0.3530 0.3482 0.3503