2023 IQD to TOP Historical Review

YEARLY HIGH

0.0018 TOP

YEARLY LOW

0.0016 TOP

YEARLY AVERAGE

0.0017 TOP

2023 IQD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0018. Conversely, the yearly low was recorded on February 4, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0003 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0016 to the December average rate of 0.0018, the exchange rate registered a net change of 12.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0018 was up 9.18% compared to the 2022 peak of 0.0017, 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 9 TOP

2022 Average 8 TOP

Yearly Trough Low 8 TOP

Transaction Impact: A difference of 1.40 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0019

0.0016

JanuMarcMayJulySeptNove

IQD to TOP 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 0.0017, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0017

H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0002 TOP (High: 0.0018 / Low: 0.0016). On the other end, September was the most stable month, with a tight range of 0.0000 TOP (High: 0.0018 / Low: 0.0018).

May Spread (Volatile) ±0.0002

September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and June, 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 November and December, 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 (November 2023: 0.0018) against the same month in 2022 (average: 0.0016), the exchange rate shifted by +0.0002 (+11.42%).

2023 Avg (November) 0.0018

2022 Avg (November) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0016	0.0016	0.0016
February	0.0016	0.0016	0.0016
March	0.0016	0.0016	0.0016
April	0.0018	0.0016	0.0016
May	0.0018	0.0016	0.0018
June	0.0018	0.0018	0.0018
July	0.0018	0.0018	0.0018
August	0.0018	0.0018	0.0018
September	0.0018	0.0018	0.0018
October	0.0018	0.0018	0.0018
November	0.0018	0.0018	0.0018
December	0.0018	0.0018	0.0018