2023 IQD to SEK Historical Review

YEARLY HIGH

0.0086 SEK

YEARLY LOW

0.0070 SEK

YEARLY AVERAGE

0.0078 SEK

2023 IQD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.0086. Conversely, the yearly low was recorded on January 25, dropping to 0.0070.

This high-to-low spread represents a total annual volatility of 0.0016 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0078, the exchange rate registered a net change of 9.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0086 was up 10.25% compared to the 2022 peak of 0.0078, 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 43 SEK

2022 Average 35 SEK

Yearly Trough Low 35 SEK

Transaction Impact: A difference of 8.02 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0086

0.0070

JanuMarcMayJulySeptNove

IQD to SEK 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 0.0075, compared to 0.0082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0075

H2 Avg (Jul–Dec) 0.0082

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0012 SEK (High: 0.0083 / Low: 0.0071). On the other end, February was the most stable month, with a tight range of 0.0002 SEK (High: 0.0073 / Low: 0.0071).

May Spread (Volatile) ±0.0012

February Spread (Stable) ±0.0002

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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0084) against the same month in 2022 (average: 0.0076), the exchange rate shifted by +0.0008 (+10.41%).

2023 Avg (October) 0.0084

2022 Avg (October) 0.0076

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0073	0.0070	0.0071
February	0.0073	0.0071	0.0072
March	0.0074	0.0071	0.0072
April	0.0079	0.0070	0.0071
May	0.0083	0.0071	0.0080
June	0.0083	0.0081	0.0082
July	0.0084	0.0078	0.0080
August	0.0084	0.0081	0.0083
September	0.0085	0.0083	0.0085
October	0.0086	0.0083	0.0084
November	0.0085	0.0079	0.0082
December	0.0080	0.0076	0.0078