YEARLY HIGH
0.1862 NGN
YEARLY LOW
0.1546 NGN
YEARLY AVERAGE
0.1700 NGN

2015 IQD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the IQD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.1862. Conversely, the yearly low was recorded on January 11, dropping to 0.1546.

This high-to-low spread represents a total annual volatility of 0.0316 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1590 to the December average rate of 0.1814, the exchange rate registered a net change of 14.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1862 was up 17.48% compared to the 2014 peak of 0.1585, 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 931 NGN
2014 Average 704 NGN
Yearly Trough Low 773 NGN
Transaction Impact: A difference of 158.23 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1837
0.1568
JanuMarcMayJulySeptNove

IQD to NGN 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 0.1665, compared to 0.1735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.1665
H2 Avg (Jul–Dec) 0.1735

Volatility Range Comparison

Volatility

The most volatile month in 2015 was November, with a trading range of 0.0188 NGN (High: 0.1862 / Low: 0.1674). On the other end, July was the most stable month, with a tight range of 0.0023 NGN (High: 0.1692 / Low: 0.1669).

November Spread (Volatile) ±0.0188
July Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 0.1799) against the same month in 2014 (average: 0.1458), the exchange rate shifted by +0.0342 (+23.44%).

2015 Avg (November) 0.1799
2014 Avg (November) 0.1458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1687 0.1546 0.1590
February 0.1725 0.1591 0.1671
March 0.1702 0.1678 0.1689
April 0.1694 0.1663 0.1680
May 0.1689 0.1661 0.1678
June 0.1714 0.1670 0.1680
July 0.1692 0.1669 0.1681
August 0.1739 0.1670 0.1717
September 0.1742 0.1675 0.1702
October 0.1768 0.1674 0.1697
November 0.1862 0.1674 0.1799
December 0.1830 0.1793 0.1814