2023 IQD to NZD Historical Review

YEARLY HIGH

0.0013 NZD

YEARLY LOW

0.0011 NZD

YEARLY AVERAGE

0.0012 NZD

2023 IQD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0013. Conversely, the yearly low was recorded on February 1, dropping to 0.0011.

This high-to-low spread represents a total annual volatility of 0.0003 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0011 to the December average rate of 0.0012, the exchange rate registered a net change of 14.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0013 was up 7.02% compared to the 2022 peak of 0.0012, 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 7 NZD

2022 Average 5 NZD

Yearly Trough Low 5 NZD

Transaction Impact: A difference of 1.33 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0013

0.0010

JanuMarcMayJulySeptNove

IQD to NZD 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 0.0011, compared to 0.0013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0011

H2 Avg (Jul–Dec) 0.0013

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0002 NZD (High: 0.0013 / Low: 0.0011). On the other end, September was the most stable month, with a tight range of 0.0000 NZD (High: 0.0013 / Low: 0.0013).

May Spread (Volatile) ±0.0002

September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and June, 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0013) against the same month in 2022 (average: 0.0012), the exchange rate shifted by +0.0001 (+7.57%).

2023 Avg (October) 0.0013

2022 Avg (October) 0.0012

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0011	0.0011	0.0011
February	0.0011	0.0011	0.0011
March	0.0011	0.0011	0.0011
April	0.0012	0.0011	0.0011
May	0.0013	0.0011	0.0012
June	0.0013	0.0012	0.0012
July	0.0013	0.0012	0.0012
August	0.0013	0.0012	0.0013
September	0.0013	0.0013	0.0013
October	0.0013	0.0013	0.0013
November	0.0013	0.0012	0.0013
December	0.0012	0.0012	0.0012