YEARLY HIGH
0.0155 ZAR
YEARLY LOW
0.0114 ZAR
YEARLY AVERAGE
0.0129 ZAR

2016 IQD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0155. Conversely, the yearly low was recorded on August 15, dropping to 0.0114.

This high-to-low spread represents a total annual volatility of 0.0041 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0149 to the December average rate of 0.0118, the exchange rate registered a net change of -20.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0155 was up 6.81% compared to the 2015 peak of 0.0145, 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 77 ZAR
2015 Average 55 ZAR
Yearly Trough Low 57 ZAR
Transaction Impact: A difference of 20.28 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0152
0.0115
JanuMarcMayJulySeptNove

IQD to ZAR 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 0.0139, compared to 0.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0139
H2 Avg (Jul–Dec) 0.0120

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0014 ZAR (High: 0.0155 / Low: 0.0141). On the other end, December was the most stable month, with a tight range of 0.0006 ZAR (High: 0.0121 / Low: 0.0115).

January Spread (Volatile) ±0.0014
December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0149) against the same month in 2015 (average: 0.0099), the exchange rate shifted by +0.0050 (+50.85%).

2016 Avg (January) 0.0149
2015 Avg (January) 0.0099

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0155 0.0141 0.0149
February 0.0149 0.0140 0.0145
March 0.0145 0.0136 0.0141
April 0.0140 0.0129 0.0133
May 0.0142 0.0128 0.0135
June 0.0132 0.0124 0.0129
July 0.0127 0.0119 0.0123
August 0.0126 0.0114 0.0118
September 0.0125 0.0116 0.0121
October 0.0123 0.0116 0.0120
November 0.0125 0.0115 0.0120
December 0.0121 0.0115 0.0118