YEARLY HIGH
0.4376 SOS
YEARLY LOW
0.3860 SOS
YEARLY AVERAGE
0.4199 SOS

2023 IQD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.4376. Conversely, the yearly low was recorded on April 30, dropping to 0.3860.

This high-to-low spread represents a total annual volatility of 0.0516 SOS. From a start-to-finish perspective, comparing the January average rate of 0.3896 to the December average rate of 0.4362, the exchange rate registered a net change of 11.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4376 was up 8.99% compared to the 2022 peak of 0.4015, 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 2,188 SOS
2022 Average 1,971 SOS
Yearly Trough Low 1,930 SOS
Transaction Impact: A difference of 257.91 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4409
0.3849
JanuMarcMayJulySeptNove

IQD to SOS 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 0.4044, compared to 0.4355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0312 points.

H1 Avg (Jan–Jun) 0.4044
H2 Avg (Jul–Dec) 0.4355

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0460 SOS (High: 0.4347 / Low: 0.3888). On the other end, February was the most stable month, with a tight range of 0.0005 SOS (High: 0.3899 / Low: 0.3894).

May Spread (Volatile) ±0.0460
February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4361) against the same month in 2022 (average: 0.3894), the exchange rate shifted by +0.0467 (+11.99%).

2023 Avg (October) 0.4361
2022 Avg (October) 0.3894

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3901 0.3892 0.3896
February 0.3899 0.3894 0.3896
March 0.3937 0.3891 0.3897
April 0.4311 0.3860 0.3918
May 0.4347 0.3888 0.4313
June 0.4353 0.4338 0.4342
July 0.4351 0.4340 0.4346
August 0.4350 0.4315 0.4346
September 0.4367 0.4340 0.4354
October 0.4376 0.4352 0.4361
November 0.4367 0.4359 0.4363
December 0.4366 0.4357 0.4362