YEARLY HIGH
0.2023 SYP
YEARLY LOW
0.1795 SYP
YEARLY AVERAGE
0.1907 SYP

2016 IQD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.2023. Conversely, the yearly low was recorded on December 31, dropping to 0.1795.

This high-to-low spread represents a total annual volatility of 0.0227 SYP. From a start-to-finish perspective, comparing the January average rate of 0.2015 to the December average rate of 0.1816, the exchange rate registered a net change of -9.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2023 was down 0.45% compared to the 2015 peak of 0.2032, 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 1,011 SYP
2015 Average 837 SYP
Yearly Trough Low 898 SYP
Transaction Impact: A difference of 113.71 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2040
0.1795
JanuMarcMayJulySeptNove

IQD to SYP 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 0.1976, compared to 0.1838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.1976
H2 Avg (Jul–Dec) 0.1838

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0128 SYP (High: 0.1983 / Low: 0.1855). On the other end, February was the most stable month, with a tight range of 0.0002 SYP (High: 0.2020 / Low: 0.2018).

May Spread (Volatile) ±0.0128
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0070 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2015) against the same month in 2015 (average: 0.1561), the exchange rate shifted by +0.0454 (+29.09%).

2016 Avg (January) 0.2015
2015 Avg (January) 0.1561

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2023 0.1995 0.2015
February 0.2020 0.2018 0.2019
March 0.2020 0.2017 0.2019
April 0.2017 0.1982 0.2003
May 0.1983 0.1855 0.1934
June 0.1891 0.1854 0.1868
July 0.1855 0.1844 0.1849
August 0.1845 0.1841 0.1844
September 0.1845 0.1837 0.1839
October 0.1843 0.1834 0.1840
November 0.1853 0.1811 0.1843
December 0.1860 0.1795 0.1816