YEARLY HIGH
0.0141 MVR
YEARLY LOW
0.0129 MVR
YEARLY AVERAGE
0.0134 MVR

2016 IQD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.0141. Conversely, the yearly low was recorded on December 11, dropping to 0.0129.

This high-to-low spread represents a total annual volatility of 0.0012 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0140 to the December average rate of 0.0130, the exchange rate registered a net change of -7.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0141 was down 1.98% compared to the 2015 peak of 0.0144, 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 70 MVR
2015 Average 66 MVR
Yearly Trough Low 64 MVR
Transaction Impact: A difference of 6.12 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0142
0.0129
JanuMarcMayJulySeptNove

IQD to MVR 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 0.0138, compared to 0.0131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0138
H2 Avg (Jul–Dec) 0.0131

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0010 MVR (High: 0.0139 / Low: 0.0129). On the other end, September was the most stable month, with a tight range of 0.0001 MVR (High: 0.0131 / Low: 0.0130).

May Spread (Volatile) ±0.0010
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and November, 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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 0.0140) against the same month in 2015 (average: 0.0129), the exchange rate shifted by +0.0011 (+8.54%).

2016 Avg (March) 0.0140
2015 Avg (March) 0.0129

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0141 0.0139 0.0140
February 0.0141 0.0140 0.0141
March 0.0141 0.0140 0.0140
April 0.0141 0.0138 0.0139
May 0.0139 0.0129 0.0135
June 0.0132 0.0129 0.0130
July 0.0131 0.0129 0.0130
August 0.0131 0.0129 0.0130
September 0.0131 0.0130 0.0131
October 0.0132 0.0131 0.0131
November 0.0133 0.0130 0.0132
December 0.0133 0.0129 0.0130