YEARLY HIGH
0.3208 MRO
YEARLY LOW
0.2803 MRO
YEARLY AVERAGE
0.3082 MRO

2016 IQD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 0.3208. Conversely, the yearly low was recorded on January 6, dropping to 0.2803.

This high-to-low spread represents a total annual volatility of 0.0404 MRO. From a start-to-finish perspective, comparing the January average rate of 0.3065 to the December average rate of 0.3045, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3208 was up 5.50% compared to the 2015 peak of 0.3040, 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 1,604 MRO
2015 Average 1,329 MRO
Yearly Trough Low 1,402 MRO
Transaction Impact: A difference of 202.17 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3170
0.3023
JanuMarcMayJulySeptNove

IQD to MRO 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 0.3108, compared to 0.3055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.3108
H2 Avg (Jul–Dec) 0.3055

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0361 MRO (High: 0.3165 / Low: 0.2803). On the other end, September was the most stable month, with a tight range of 0.0023 MRO (High: 0.3067 / Low: 0.3044).

January Spread (Volatile) ±0.0361
September Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between June and November, 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 May and June, when the average rate fell by 0.0064 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.3099) against the same month in 2015 (average: 0.2643), the exchange rate shifted by +0.0456 (+17.26%).

2016 Avg (May) 0.3099
2015 Avg (May) 0.2643

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3165 0.2803 0.3065
February 0.3169 0.3024 0.3140
March 0.3191 0.3139 0.3157
April 0.3179 0.3127 0.3154
May 0.3208 0.3006 0.3099
June 0.3072 0.3006 0.3035
July 0.3052 0.3029 0.3039
August 0.3068 0.3030 0.3048
September 0.3067 0.3044 0.3054
October 0.3082 0.3047 0.3065
November 0.3106 0.3030 0.3081
December 0.3112 0.3022 0.3045