YEARLY HIGH
0.0067 SVC
YEARLY LOW
0.0059 SVC
YEARLY AVERAGE
0.0065 SVC

2023 IQD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 0.0067. Conversely, the yearly low was recorded on April 30, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0008 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0060 to the December average rate of 0.0067, the exchange rate registered a net change of 11.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0067 was up 11.07% compared to the 2022 peak of 0.0061, 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 34 SVC
2022 Average 30 SVC
Yearly Trough Low 30 SVC
Transaction Impact: A difference of 4.11 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0068
0.0059
JanuMarcMayJulySeptNove

IQD to SVC 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 0.0062, compared to 0.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0062
H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0007 SVC (High: 0.0066 / Low: 0.0059). On the other end, January was the most stable month, with a tight range of 0.0000 SVC (High: 0.0060 / Low: 0.0060).

April Spread (Volatile) ±0.0007
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, 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 (July 2023: 0.0067) against the same month in 2022 (average: 0.0060), the exchange rate shifted by +0.0007 (+11.35%).

2023 Avg (July) 0.0067
2022 Avg (July) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0060 0.0060 0.0060
February 0.0061 0.0059 0.0060
March 0.0060 0.0060 0.0060
April 0.0066 0.0059 0.0060
May 0.0067 0.0060 0.0066
June 0.0067 0.0067 0.0067
July 0.0067 0.0066 0.0067
August 0.0067 0.0066 0.0067
September 0.0067 0.0067 0.0067
October 0.0067 0.0067 0.0067
November 0.0067 0.0067 0.0067
December 0.0067 0.0067 0.0067