YEARLY HIGH
0.0124 ZAR
YEARLY LOW
0.0103 ZAR
YEARLY AVERAGE
0.0113 ZAR

2017 IQD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IQD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0124. Conversely, the yearly low was recorded on December 27, dropping to 0.0103.

This high-to-low spread represents a total annual volatility of 0.0021 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0115 to the December average rate of 0.0110, the exchange rate registered a net change of -4.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0124 was down 19.76% compared to the 2016 peak of 0.0155, 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 62 ZAR
2016 Average 65 ZAR
Yearly Trough Low 51 ZAR
Transaction Impact: A difference of 10.66 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0122
0.0109
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 0.0112, compared to 0.0114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0112
H2 Avg (Jul–Dec) 0.0114

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0013 ZAR (High: 0.0116 / Low: 0.0103). On the other end, January was the most stable month, with a tight range of 0.0005 ZAR (High: 0.0117 / Low: 0.0112).

December Spread (Volatile) ±0.0013
January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0121) against the same month in 2016 (average: 0.0120), the exchange rate shifted by +0.0000 (+0.25%).

2017 Avg (November) 0.0121
2016 Avg (November) 0.0120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0117 0.0112 0.0115
February 0.0114 0.0109 0.0112
March 0.0115 0.0106 0.0110
April 0.0118 0.0110 0.0115
May 0.0117 0.0109 0.0113
June 0.0112 0.0107 0.0110
July 0.0116 0.0109 0.0112
August 0.0116 0.0111 0.0113
September 0.0116 0.0109 0.0112
October 0.0121 0.0113 0.0117
November 0.0124 0.0116 0.0121
December 0.0116 0.0103 0.0110