YEARLY HIGH
0.0034 PLN
YEARLY LOW
0.0028 PLN
YEARLY AVERAGE
0.0031 PLN

2023 IQD to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0034. Conversely, the yearly low was recorded on January 20, dropping to 0.0028.

This high-to-low spread represents a total annual volatility of 0.0005 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0030 to the December average rate of 0.0030, the exchange rate registered a net change of 1.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0034 was down 1.51% compared to the 2022 peak of 0.0034, 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 17 PLN
2022 Average 15 PLN
Yearly Trough Low 14 PLN
Transaction Impact: A difference of 2.70 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0033
0.0029
JanuMarcMayJulySeptNove

IQD to PLN 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 0.0030, compared to 0.0031 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) 0.0030
H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0004 PLN (High: 0.0032 / Low: 0.0028). On the other end, August was the most stable month, with a tight range of 0.0001 PLN (High: 0.0032 / Low: 0.0031).

May Spread (Volatile) ±0.0004
August Spread (Stable) ±0.0001

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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0033) against the same month in 2022 (average: 0.0033), the exchange rate shifted by -0.0001 (-2.48%).

2023 Avg (October) 0.0033
2022 Avg (October) 0.0033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0030 0.0028 0.0030
February 0.0031 0.0029 0.0030
March 0.0031 0.0029 0.0030
April 0.0032 0.0028 0.0029
May 0.0032 0.0028 0.0032
June 0.0032 0.0031 0.0031
July 0.0031 0.0030 0.0031
August 0.0032 0.0031 0.0031
September 0.0034 0.0032 0.0033
October 0.0034 0.0032 0.0033
November 0.0032 0.0030 0.0031
December 0.0031 0.0030 0.0030