YEARLY HIGH
0.0611 MZN
YEARLY LOW
0.0494 MZN
YEARLY AVERAGE
0.0548 MZN

2017 IQD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IQD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.0611. Conversely, the yearly low was recorded on December 26, dropping to 0.0494.

This high-to-low spread represents a total annual volatility of 0.0117 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0599 to the December average rate of 0.0502, the exchange rate registered a net change of -16.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0611 was down 9.53% compared to the 2016 peak of 0.0675, 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 305 MZN
2016 Average 274 MZN
Yearly Trough Low 247 MZN
Transaction Impact: A difference of 58.35 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0609
0.0492
JanuMarcMayJulySeptNove

IQD to MZN 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 0.0577, compared to 0.0519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0577
H2 Avg (Jul–Dec) 0.0519

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0107 MZN (High: 0.0611 / Low: 0.0504). On the other end, October was the most stable month, with a tight range of 0.0008 MZN (High: 0.0527 / Low: 0.0519).

June Spread (Volatile) ±0.0107
October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 0.0045 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0536) against the same month in 2016 (average: 0.0517), the exchange rate shifted by +0.0019 (+3.60%).

2017 Avg (June) 0.0536
2016 Avg (June) 0.0517

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0609 0.0593 0.0599
February 0.0600 0.0588 0.0595
March 0.0605 0.0578 0.0589
April 0.0585 0.0556 0.0565
May 0.0609 0.0541 0.0580
June 0.0611 0.0504 0.0536
July 0.0529 0.0503 0.0519
August 0.0527 0.0516 0.0524
September 0.0530 0.0516 0.0525
October 0.0527 0.0519 0.0523
November 0.0526 0.0515 0.0522
December 0.0515 0.0494 0.0502