YEARLY HIGH
0.8923 MMK
YEARLY LOW
0.8103 MMK
YEARLY AVERAGE
0.8397 MMK

2014 IQD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the IQD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.8923. Conversely, the yearly low was recorded on March 31, dropping to 0.8103.

This high-to-low spread represents a total annual volatility of 0.0821 MMK. From a start-to-finish perspective, comparing the January average rate of 0.8449 to the December average rate of 0.8768, the exchange rate registered a net change of 3.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8923 was up 4.97% compared to the 2013 peak of 0.8501, 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 4,462 MMK
2013 Average 4,015 MMK
Yearly Trough Low 4,051 MMK
Transaction Impact: A difference of 410.31 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8824
0.8154
JanuMarcMayJulySeptNove

IQD to MMK 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 0.8319, compared to 0.8475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.8319
H2 Avg (Jul–Dec) 0.8475

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0427 MMK (High: 0.8923 / Low: 0.8497). On the other end, January was the most stable month, with a tight range of 0.0095 MMK (High: 0.8490 / Low: 0.8395).

November Spread (Volatile) ±0.0427
January Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.0139 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.8721) against the same month in 2013 (average: 0.8372), the exchange rate shifted by +0.0348 (+4.16%).

2014 Avg (November) 0.8721
2013 Avg (November) 0.8372

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8490 0.8395 0.8449
February 0.8496 0.8376 0.8439
March 0.8421 0.8103 0.8301
April 0.8283 0.8130 0.8255
May 0.8296 0.8162 0.8210
June 0.8335 0.8210 0.8262
July 0.8353 0.8234 0.8278
August 0.8360 0.8235 0.8270
September 0.8544 0.8243 0.8356
October 0.8641 0.8352 0.8457
November 0.8923 0.8497 0.8721
December 0.8875 0.8555 0.8768