2023 IQD to MVR Historical Review

YEARLY HIGH

0.0119 MVR

YEARLY LOW

0.0104 MVR

YEARLY AVERAGE

0.0113 MVR

2023 IQD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0119. Conversely, the yearly low was recorded on February 5, dropping to 0.0104.

This high-to-low spread represents a total annual volatility of 0.0014 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0105 to the December average rate of 0.0117, the exchange rate registered a net change of 11.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0119 was up 9.82% compared to the 2022 peak of 0.0108, 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 59 MVR

2022 Average 53 MVR

Yearly Trough Low 52 MVR

Transaction Impact: A difference of 7.22 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0119

0.0104

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 0.0109, compared to 0.0117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0109

H2 Avg (Jul–Dec) 0.0117

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0012 MVR (High: 0.0118 / Low: 0.0105). On the other end, December was the most stable month, with a tight range of 0.0001 MVR (High: 0.0118 / Low: 0.0117).

May Spread (Volatile) ±0.0012

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and July, 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 January and February, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0117) against the same month in 2022 (average: 0.0106), the exchange rate shifted by +0.0012 (+11.26%).

2023 Avg (November) 0.0117

2022 Avg (November) 0.0106

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0106	0.0105	0.0105
February	0.0106	0.0104	0.0105
March	0.0107	0.0105	0.0105
April	0.0117	0.0105	0.0106
May	0.0118	0.0105	0.0116
June	0.0118	0.0117	0.0117
July	0.0118	0.0117	0.0117
August	0.0118	0.0116	0.0117
September	0.0118	0.0117	0.0118
October	0.0118	0.0117	0.0118
November	0.0119	0.0116	0.0117
December	0.0118	0.0117	0.0117