2023 IQD to RUB Historical Review

YEARLY HIGH

0.0774 RUB

YEARLY LOW

0.0453 RUB

YEARLY AVERAGE

0.0633 RUB

2023 IQD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0774. Conversely, the yearly low was recorded on January 15, dropping to 0.0453.

This high-to-low spread represents a total annual volatility of 0.0321 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0479 to the December average rate of 0.0695, the exchange rate registered a net change of 44.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0774 was down 20.84% compared to the 2022 peak of 0.0978, 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 387 RUB

2022 Average 239 RUB

Yearly Trough Low 227 RUB

Transaction Impact: A difference of 160.50 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0768

0.0453

JanuMarcMayJulySeptNove

IQD to RUB 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 0.0550, compared to 0.0715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0165 points.

H1 Avg (Jan–Jun) 0.0550

H2 Avg (Jul–Dec) 0.0715

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0088 RUB (High: 0.0619 / Low: 0.0531). On the other end, March was the most stable month, with a tight range of 0.0021 RUB (High: 0.0535 / Low: 0.0514).

April Spread (Volatile) ±0.0088

March Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0049 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0741) against the same month in 2022 (average: 0.0424), the exchange rate shifted by +0.0317 (+74.89%).

2023 Avg (October) 0.0741

2022 Avg (October) 0.0424

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0505	0.0453	0.0479
February	0.0521	0.0479	0.0504
March	0.0535	0.0514	0.0524
April	0.0619	0.0531	0.0559
May	0.0621	0.0548	0.0600
June	0.0678	0.0615	0.0637
July	0.0706	0.0676	0.0692
August	0.0763	0.0705	0.0732
September	0.0752	0.0724	0.0739
October	0.0774	0.0710	0.0741
November	0.0715	0.0673	0.0693
December	0.0709	0.0675	0.0695