YEARLY HIGH
0.5585 XAF
YEARLY LOW
0.4885 XAF
YEARLY AVERAGE
0.5215 XAF

2016 IQD to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.5585. Conversely, the yearly low was recorded on June 8, dropping to 0.4885.

This high-to-low spread represents a total annual volatility of 0.0700 XAF. From a start-to-finish perspective, comparing the January average rate of 0.5534 to the December average rate of 0.5296, the exchange rate registered a net change of -4.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.5585 was down 3.17% compared to the 2015 peak of 0.5768, 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 2,793 XAF
2015 Average 2,542 XAF
Yearly Trough Low 2,442 XAF
Transaction Impact: A difference of 350.23 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.5588
0.4935
JanuMarcMayJulySeptNove

IQD to XAF 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 0.5296, compared to 0.5134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 0.5296
H2 Avg (Jul–Dec) 0.5134

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0290 XAF (High: 0.5257 / Low: 0.4967). On the other end, September was the most stable month, with a tight range of 0.0049 XAF (High: 0.5060 / Low: 0.5012).

May Spread (Volatile) ±0.0290
September Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0165 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.5534) against the same month in 2015 (average: 0.4826), the exchange rate shifted by +0.0708 (+14.66%).

2016 Avg (January) 0.5534
2015 Avg (January) 0.4826

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5585 0.5476 0.5534
February 0.5540 0.5327 0.5432
March 0.5545 0.5311 0.5416
April 0.5355 0.5187 0.5284
May 0.5257 0.4967 0.5119
June 0.5122 0.4885 0.4990
July 0.5119 0.5041 0.5083
August 0.5082 0.4976 0.5033
September 0.5060 0.5012 0.5032
October 0.5188 0.5020 0.5119
November 0.5373 0.5084 0.5242
December 0.5355 0.5225 0.5296