2023 IQD to SGD Historical Review

YEARLY HIGH

0.0011 SGD

YEARLY LOW

0.0009 SGD

YEARLY AVERAGE

0.0010 SGD

2023 IQD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 0.0011. Conversely, the yearly low was recorded on February 1, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0002 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0009 to the December average rate of 0.0010, the exchange rate registered a net change of 11.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0011 was up 6.55% compared to the 2022 peak of 0.0010, 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 5 SGD

2022 Average 5 SGD

Yearly Trough Low 4 SGD

Transaction Impact: A difference of 0.78 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0011

0.0009

JanuMarcMayJulySeptNove

IQD to SGD 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 0.0010, compared to 0.0010 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) 0.0010

H2 Avg (Jul–Dec) 0.0010

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0001 SGD (High: 0.0010 / Low: 0.0009). On the other end, October was the most stable month, with a tight range of 0.0000 SGD (High: 0.0011 / Low: 0.0010).

May Spread (Volatile) ±0.0001

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0010) against the same month in 2022 (average: 0.0010), the exchange rate shifted by +0.0001 (+7.19%).

2023 Avg (October) 0.0010

2022 Avg (October) 0.0010

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0009	0.0009	0.0009
February	0.0009	0.0009	0.0009
March	0.0009	0.0009	0.0009
April	0.0010	0.0009	0.0009
May	0.0010	0.0009	0.0010
June	0.0010	0.0010	0.0010
July	0.0010	0.0010	0.0010
August	0.0010	0.0010	0.0010
September	0.0010	0.0010	0.0010
October	0.0011	0.0010	0.0010
November	0.0010	0.0010	0.0010
December	0.0010	0.0010	0.0010