YEARLY HIGH
0.0966 PKR
YEARLY LOW
0.0882 PKR
YEARLY AVERAGE
0.0920 PKR

2016 IQD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0966. Conversely, the yearly low was recorded on December 31, dropping to 0.0882.

This high-to-low spread represents a total annual volatility of 0.0085 PKR. From a start-to-finish perspective, comparing the January average rate of 0.0961 to the December average rate of 0.0891, the exchange rate registered a net change of -7.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0966 was down 2.04% compared to the 2015 peak of 0.0987, 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 483 PKR
2015 Average 441 PKR
Yearly Trough Low 441 PKR
Transaction Impact: A difference of 42.46 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0969
0.0884
JanuMarcMayJulySeptNove

IQD to PKR 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 0.0942, compared to 0.0898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0942
H2 Avg (Jul–Dec) 0.0898

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0061 PKR (High: 0.0947 / Low: 0.0886). On the other end, March was the most stable month, with a tight range of 0.0004 PKR (High: 0.0963 / Low: 0.0959).

May Spread (Volatile) ±0.0061
March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0961) against the same month in 2015 (average: 0.0862), the exchange rate shifted by +0.0099 (+11.46%).

2016 Avg (January) 0.0961
2015 Avg (January) 0.0862

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0966 0.0952 0.0961
February 0.0964 0.0958 0.0961
March 0.0963 0.0959 0.0962
April 0.0962 0.0946 0.0956
May 0.0947 0.0886 0.0923
June 0.0903 0.0884 0.0892
July 0.0899 0.0895 0.0897
August 0.0902 0.0895 0.0898
September 0.0901 0.0895 0.0897
October 0.0903 0.0896 0.0900
November 0.0910 0.0888 0.0903
December 0.0911 0.0882 0.0891