2023 IQD to SRD Historical Review

YEARLY HIGH

0.0295 SRD

YEARLY LOW

0.0216 SRD

YEARLY AVERAGE

0.0271 SRD

2023 IQD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.0295. Conversely, the yearly low was recorded on January 8, dropping to 0.0216.

This high-to-low spread represents a total annual volatility of 0.0079 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0218 to the December average rate of 0.0285, the exchange rate registered a net change of 30.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0295 was up 34.55% compared to the 2022 peak of 0.0219, 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 147 SRD

2022 Average 83 SRD

Yearly Trough Low 108 SRD

Transaction Impact: A difference of 39.34 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0300

0.0211

JanuMarcMayJulySeptNove

IQD to SRD 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 0.0251, compared to 0.0290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0251

H2 Avg (Jul–Dec) 0.0290

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0039 SRD (High: 0.0283 / Low: 0.0245). On the other end, October was the most stable month, with a tight range of 0.0003 SRD (High: 0.0293 / Low: 0.0290).

April Spread (Volatile) ±0.0039

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0290) against the same month in 2022 (average: 0.0157), the exchange rate shifted by +0.0133 (+85.00%).

2023 Avg (July) 0.0290

2022 Avg (July) 0.0157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0222	0.0216	0.0218
February	0.0232	0.0219	0.0225
March	0.0247	0.0230	0.0237
April	0.0283	0.0245	0.0254
May	0.0289	0.0255	0.0283
June	0.0293	0.0284	0.0288
July	0.0295	0.0282	0.0290
August	0.0295	0.0291	0.0292
September	0.0295	0.0291	0.0292
October	0.0293	0.0290	0.0291
November	0.0294	0.0288	0.0290
December	0.0289	0.0280	0.0285