2023 IQD to SCR Historical Review

YEARLY HIGH

0.0108 SCR

YEARLY LOW

0.0088 SCR

YEARLY AVERAGE

0.0099 SCR

2023 IQD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.0108. Conversely, the yearly low was recorded on January 2, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0020 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0093 to the December average rate of 0.0103, the exchange rate registered a net change of 10.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0108 was up 5.24% compared to the 2022 peak of 0.0103, 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 54 SCR

2022 Average 46 SCR

Yearly Trough Low 44 SCR

Transaction Impact: A difference of 9.86 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0106

0.0091

JanuMarcMayJulySeptNove

IQD to SCR 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 0.0096, compared to 0.0102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0096

H2 Avg (Jul–Dec) 0.0102

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0017 SCR (High: 0.0107 / Low: 0.0090). On the other end, August was the most stable month, with a tight range of 0.0004 SCR (High: 0.0104 / Low: 0.0100).

May Spread (Volatile) ±0.0017

August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0102) against the same month in 2022 (average: 0.0091), the exchange rate shifted by +0.0011 (+12.33%).

2023 Avg (July) 0.0102

2022 Avg (July) 0.0091

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0097	0.0088	0.0093
February	0.0097	0.0089	0.0093
March	0.0096	0.0089	0.0092
April	0.0101	0.0088	0.0093
May	0.0107	0.0090	0.0102
June	0.0108	0.0100	0.0105
July	0.0108	0.0099	0.0102
August	0.0104	0.0100	0.0102
September	0.0104	0.0097	0.0100
October	0.0105	0.0097	0.0102
November	0.0105	0.0099	0.0102
December	0.0107	0.0098	0.0103