YEARLY HIGH
1.1791 MMK
YEARLY LOW
1.1348 MMK
YEARLY AVERAGE
1.1605 MMK

2017 IQD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IQD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 1.1791. Conversely, the yearly low was recorded on December 28, dropping to 1.1348.

This high-to-low spread represents a total annual volatility of 0.0443 MMK. From a start-to-finish perspective, comparing the January average rate of 1.1493 to the December average rate of 1.1411, the exchange rate registered a net change of -0.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1791 was down 1.62% compared to the 2016 peak of 1.1985, 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 5,896 MMK
2016 Average 5,427 MMK
Yearly Trough Low 5,674 MMK
Transaction Impact: A difference of 221.53 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1700
1.1385
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 1.1606, compared to 1.1605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 1.1606
H2 Avg (Jul–Dec) 1.1605

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0339 MMK (High: 1.1757 / Low: 1.1418). On the other end, December was the most stable month, with a tight range of 0.0157 MMK (High: 1.1505 / Low: 1.1348).

May Spread (Volatile) ±0.0339
December Spread (Stable) ±0.0157

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0199 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 1.1674) against the same month in 2016 (average: 1.0088), the exchange rate shifted by +0.1586 (+15.72%).

2017 Avg (July) 1.1674
2016 Avg (July) 1.0088

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1569 1.1393 1.1493
February 1.1650 1.1399 1.1584
March 1.1787 1.1464 1.1632
April 1.1742 1.1424 1.1610
May 1.1757 1.1418 1.1657
June 1.1772 1.1562 1.1657
July 1.1791 1.1481 1.1674
August 1.1743 1.1465 1.1652
September 1.1728 1.1535 1.1620
October 1.1748 1.1516 1.1661
November 1.1711 1.1405 1.1611
December 1.1505 1.1348 1.1411