YEARLY HIGH
16.1391 SLL
YEARLY LOW
11.9919 SLL
YEARLY AVERAGE
14.1078 SLL

2023 IQD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 16.1391. Conversely, the yearly low was recorded on February 5, dropping to 11.9919.

This high-to-low spread represents a total annual volatility of 4.1472 SLL. From a start-to-finish perspective, comparing the January average rate of 12.1018 to the December average rate of 15.9990, the exchange rate registered a net change of 32.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.1391 was up 32.29% compared to the 2022 peak of 12.2001, 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 80,695 SLL
2022 Average 47,022 SLL
Yearly Trough Low 59,959 SLL
Transaction Impact: A difference of 20,735.76 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.4281
11.7080
JanuMarcMayJulySeptNove

IQD to SLL 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 12.5656, compared to 15.6501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0846 points.

H1 Avg (Jan–Jun) 12.5656
H2 Avg (Jul–Dec) 15.6501

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2.5991 SLL (High: 16.0704 / Low: 13.4712). On the other end, January was the most stable month, with a tight range of 0.0521 SLL (High: 12.1442 / Low: 12.0921).

July Spread (Volatile) ±2.5991
January Spread (Stable) ±0.0521

Growth Streaks & Declines

Trends

Between February and November, 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 November and December, when the average rate fell by 0.0357 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 16.0347) against the same month in 2022 (average: 12.0862), the exchange rate shifted by +3.9485 (+32.67%).

2023 Avg (November) 16.0347
2022 Avg (November) 12.0862

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1442 12.0921 12.1018
February 12.2124 11.9919 12.1013
March 12.2752 12.0909 12.1193
April 13.4237 12.0910 12.1831
May 13.5270 12.0910 13.3994
June 13.5686 13.4443 13.4885
July 16.0704 13.4712 13.8252
August 16.1275 15.8853 16.0112
September 16.0696 15.9776 16.0129
October 16.0782 15.9835 16.0177
November 16.1391 15.9974 16.0347
December 16.0207 15.9209 15.9990