YEARLY HIGH
0.0292 UAH
YEARLY LOW
0.0249 UAH
YEARLY AVERAGE
0.0271 UAH

2023 IQD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0292. Conversely, the yearly low was recorded on April 30, dropping to 0.0249.

This high-to-low spread represents a total annual volatility of 0.0043 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0252 to the December average rate of 0.0284, the exchange rate registered a net change of 12.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0292 was up 14.15% compared to the 2022 peak of 0.0256, 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 146 UAH
2022 Average 112 UAH
Yearly Trough Low 125 UAH
Transaction Impact: A difference of 21.34 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0287
0.0249
JanuMarcMayJulySeptNove

IQD to UAH 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 0.0262, compared to 0.0281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0262
H2 Avg (Jul–Dec) 0.0281

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0031 UAH (High: 0.0282 / Low: 0.0251). On the other end, January was the most stable month, with a tight range of 0.0002 UAH (High: 0.0253 / Low: 0.0252).

May Spread (Volatile) ±0.0031
January Spread (Stable) ±0.0002

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 September and October, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0284) against the same month in 2022 (average: 0.0252), the exchange rate shifted by +0.0031 (+12.43%).

2023 Avg (December) 0.0284
2022 Avg (December) 0.0252

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0253 0.0252 0.0252
February 0.0254 0.0251 0.0252
March 0.0254 0.0251 0.0253
April 0.0280 0.0249 0.0254
May 0.0282 0.0251 0.0280
June 0.0284 0.0282 0.0282
July 0.0284 0.0279 0.0282
August 0.0284 0.0280 0.0282
September 0.0282 0.0281 0.0282
October 0.0282 0.0277 0.0279
November 0.0279 0.0275 0.0276
December 0.0292 0.0278 0.0284