YEARLY HIGH
11.7264 LBP
YEARLY LOW
1.0334 LBP
YEARLY AVERAGE
10.2005 LBP

2023 IQD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 11.7264. Conversely, the yearly low was recorded on February 2, dropping to 1.0334.

This high-to-low spread represents a total annual volatility of 10.6930 LBP. From a start-to-finish perspective, comparing the January average rate of 1.0385 to the December average rate of 11.4829, the exchange rate registered a net change of 1005.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.7264 was up 996.86% compared to the 2022 peak of 1.0691, 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 58,632 LBP
2022 Average 5,192 LBP
Yearly Trough Low 5,167 LBP
Transaction Impact: A difference of 53,465.17 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.5979
-0.0124
JanuMarcMayJulySeptNove

IQD to LBP 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 8.9116, compared to 11.4894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5778 points.

H1 Avg (Jan–Jun) 8.9116
H2 Avg (Jul–Dec) 11.4894

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 9.5199 LBP (High: 10.5533 / Low: 1.0334). On the other end, January was the most stable month, with a tight range of 0.0097 LBP (High: 1.0456 / Low: 1.0359).

February Spread (Volatile) ±9.5199
January Spread (Stable) ±0.0097

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 June and July, when the average rate fell by 0.0341 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 11.5129) against the same month in 2022 (average: 1.0365), the exchange rate shifted by +10.4764 (+1010.74%).

2023 Avg (July) 11.5129
2022 Avg (July) 1.0365

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0456 1.0359 1.0385
February 10.5533 1.0334 8.6886
March 10.4488 10.2840 10.3423
April 11.3845 10.1876 10.4106
May 11.6565 10.3103 11.4426
June 11.7174 11.4471 11.5470
July 11.7264 11.4117 11.5129
August 11.6508 11.3721 11.4984
September 11.5940 11.4719 11.4952
October 11.5195 11.4368 11.4732
November 11.4817 11.4470 11.4738
December 11.5261 11.4707 11.4829