YEARLY HIGH
1.1985 MMK
YEARLY LOW
0.9948 MMK
YEARLY AVERAGE
1.0854 MMK

2016 IQD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 1.1985. Conversely, the yearly low was recorded on May 24, dropping to 0.9948.

This high-to-low spread represents a total annual volatility of 0.2037 MMK. From a start-to-finish perspective, comparing the January average rate of 1.1900 to the December average rate of 1.1476, the exchange rate registered a net change of -3.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1985 was down 0.82% compared to the 2015 peak of 1.2084, 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 5,993 MMK
2015 Average 4,773 MMK
Yearly Trough Low 4,974 MMK
Transaction Impact: A difference of 1,018.64 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2081
0.9907
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 1.0963, compared to 1.0745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0218 points.

H1 Avg (Jan–Jun) 1.0963
H2 Avg (Jul–Dec) 1.0745

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0665 MMK (High: 1.1174 / Low: 1.0508). On the other end, July was the most stable month, with a tight range of 0.0170 MMK (High: 1.0179 / Low: 1.0009).

April Spread (Volatile) ±0.0665
July Spread (Stable) ±0.0170

Growth Streaks & Declines

Trends

Between July and December, 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 April and May, when the average rate fell by 0.0460 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0460

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.1900) against the same month in 2015 (average: 0.8798), the exchange rate shifted by +0.3102 (+35.25%).

2016 Avg (January) 1.1900
2015 Avg (January) 0.8798

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1985 1.1768 1.1900
February 1.1914 1.1263 1.1451
March 1.1411 1.1075 1.1174
April 1.1174 1.0508 1.0794
May 1.0597 0.9948 1.0334
June 1.0262 0.9953 1.0126
July 1.0179 1.0009 1.0088
August 1.0411 1.0127 1.0233
September 1.0820 1.0282 1.0549
October 1.1062 1.0767 1.0945
November 1.1353 1.1000 1.1180
December 1.1758 1.1228 1.1476