YEARLY HIGH
0.3143 MRO
YEARLY LOW
0.2973 MRO
YEARLY AVERAGE
0.3068 MRO

2017 IQD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IQD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.3143. Conversely, the yearly low was recorded on December 20, dropping to 0.2973.

This high-to-low spread represents a total annual volatility of 0.0169 MRO. From a start-to-finish perspective, comparing the January average rate of 0.3037 to the December average rate of 0.2985, the exchange rate registered a net change of -1.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3143 was down 2.03% compared to the 2016 peak of 0.3208, 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 1,571 MRO
2016 Average 1,541 MRO
Yearly Trough Low 1,487 MRO
Transaction Impact: A difference of 84.67 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3133
0.2972
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 0.3062, compared to 0.3075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.3062
H2 Avg (Jul–Dec) 0.3075

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0106 MRO (High: 0.3137 / Low: 0.3032). On the other end, December was the most stable month, with a tight range of 0.0030 MRO (High: 0.3003 / Low: 0.2973).

October Spread (Volatile) ±0.0106
December Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0056 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.3115) against the same month in 2016 (average: 0.3048), the exchange rate shifted by +0.0066 (+2.17%).

2017 Avg (August) 0.3115
2016 Avg (August) 0.3048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3066 0.3025 0.3037
February 0.3055 0.3001 0.3039
March 0.3092 0.3037 0.3058
April 0.3091 0.3035 0.3074
May 0.3102 0.3034 0.3078
June 0.3103 0.3042 0.3084
July 0.3136 0.3038 0.3098
August 0.3143 0.3070 0.3115
September 0.3133 0.3082 0.3119
October 0.3137 0.3032 0.3092
November 0.3050 0.2985 0.3041
December 0.3003 0.2973 0.2985