2023 IQD to YER Historical Review

YEARLY HIGH

0.1927 YER

YEARLY LOW

0.1699 YER

YEARLY AVERAGE

0.1846 YER

2023 IQD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.1927. Conversely, the yearly low was recorded on February 5, dropping to 0.1699.

This high-to-low spread represents a total annual volatility of 0.0228 YER. From a start-to-finish perspective, comparing the January average rate of 0.1715 to the December average rate of 0.1909, the exchange rate registered a net change of 11.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1927 was up 10.99% compared to the 2022 peak of 0.1736, 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 963 YER

2022 Average 857 YER

Yearly Trough Low 849 YER

Transaction Impact: A difference of 113.95 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1934

0.1695

JanuMarcMayJulySeptNove

IQD to YER 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 0.1781, compared to 0.1912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.1781

H2 Avg (Jul–Dec) 0.1912

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0204 YER (High: 0.1917 / Low: 0.1713). On the other end, January was the most stable month, with a tight range of 0.0008 YER (High: 0.1721 / Low: 0.1713).

May Spread (Volatile) ±0.0204

January Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1914) against the same month in 2022 (average: 0.1716), the exchange rate shifted by +0.0199 (+11.57%).

2023 Avg (November) 0.1914

2022 Avg (November) 0.1716

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1721	0.1713	0.1715
February	0.1731	0.1699	0.1715
March	0.1739	0.1713	0.1717
April	0.1902	0.1713	0.1726
May	0.1917	0.1713	0.1899
June	0.1923	0.1905	0.1912
July	0.1926	0.1909	0.1913
August	0.1925	0.1896	0.1911
September	0.1918	0.1908	0.1912
October	0.1920	0.1908	0.1912
November	0.1927	0.1910	0.1914
December	0.1913	0.1901	0.1909