YEARLY HIGH
0.1443 LRD
YEARLY LOW
0.1044 LRD
YEARLY AVERAGE
0.1292 LRD

2023 IQD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.1443. Conversely, the yearly low was recorded on February 5, dropping to 0.1044.

This high-to-low spread represents a total annual volatility of 0.0400 LRD. From a start-to-finish perspective, comparing the January average rate of 0.1064 to the December average rate of 0.1436, the exchange rate registered a net change of 34.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1443 was up 35.19% compared to the 2022 peak of 0.1068, 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 722 LRD
2022 Average 524 LRD
Yearly Trough Low 522 LRD
Transaction Impact: A difference of 199.78 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1473
0.1027
JanuMarcMayJulySeptNove

IQD to LRD 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 0.1159, compared to 0.1425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0266 points.

H1 Avg (Jan–Jun) 0.1159
H2 Avg (Jul–Dec) 0.1425

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0159 LRD (High: 0.1291 / Low: 0.1132). On the other end, October was the most stable month, with a tight range of 0.0009 LRD (High: 0.1432 / Low: 0.1423).

May Spread (Volatile) ±0.0159
October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1436) against the same month in 2022 (average: 0.1055), the exchange rate shifted by +0.0381 (+36.13%).

2023 Avg (November) 0.1436
2022 Avg (November) 0.1055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1075 0.1054 0.1064
February 0.1090 0.1044 0.1072
March 0.1119 0.1053 0.1094
April 0.1241 0.1111 0.1125
May 0.1291 0.1132 0.1267
June 0.1375 0.1290 0.1333
July 0.1424 0.1375 0.1404
August 0.1434 0.1414 0.1423
September 0.1428 0.1418 0.1423
October 0.1432 0.1423 0.1428
November 0.1443 0.1431 0.1436
December 0.1440 0.1425 0.1436