YEARLY HIGH
15.8488 LAK
YEARLY LOW
11.5303 LAK
YEARLY AVERAGE
13.8271 LAK

2023 IQD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 15.8488. Conversely, the yearly low was recorded on February 2, dropping to 11.5303.

This high-to-low spread represents a total annual volatility of 4.3185 LAK. From a start-to-finish perspective, comparing the January average rate of 11.6391 to the December average rate of 15.7588, the exchange rate registered a net change of 35.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.8488 was up 25.42% compared to the 2022 peak of 12.6370, 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 79,244 LAK
2022 Average 48,921 LAK
Yearly Trough Low 57,651 LAK
Transaction Impact: A difference of 21,592.61 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.2474
11.1337
JanuMarcMayJulySeptNove

IQD to LAK 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 12.3250, compared to 15.3292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0042 points.

H1 Avg (Jan–Jun) 12.3250
H2 Avg (Jul–Dec) 15.3292

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.7267 LAK (High: 13.5598 / Low: 11.8331). On the other end, November was the most stable month, with a tight range of 0.0553 LAK (High: 15.8488 / Low: 15.7935).

May Spread (Volatile) ±1.7267
November Spread (Stable) ±0.0553

Growth Streaks & Declines

Trends

Between February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0793 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 15.8213) against the same month in 2022 (average: 11.7631), the exchange rate shifted by +4.0582 (+34.50%).

2023 Avg (November) 15.8213
2022 Avg (November) 11.7631

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.8837 11.5317 11.6391
February 11.5993 11.5303 11.5598
March 11.6473 11.5505 11.5775
April 12.9883 11.6073 11.8241
May 13.5598 11.8331 13.3146
June 14.5331 13.5368 14.0349
July 14.7680 14.3168 14.6007
August 15.0008 14.5763 14.8452
September 15.5690 15.0191 15.2156
October 15.8260 15.5544 15.7338
November 15.8488 15.7935 15.8213
December 15.8336 15.6861 15.7588