YEARLY HIGH
0.0395 IQD
YEARLY LOW
0.0360 IQD
YEARLY AVERAGE
0.0378 IQD

2016 IRR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IRR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0395. Conversely, the yearly low was recorded on March 30, dropping to 0.0360.

This high-to-low spread represents a total annual volatility of 0.0035 IQD. From a start-to-finish perspective, comparing the January average rate of 0.0364 to the December average rate of 0.0391, the exchange rate registered a net change of 7.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0395 was down 9.63% compared to the 2015 peak of 0.0437, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IRR based on timing:

Yearly Peak High 198 IQD
2015 Average 201 IQD
Yearly Trough Low 180 IQD
Transaction Impact: A difference of 17.69 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0394
0.0357
JanuMarcMayJulySeptNove

IRR to IQD 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 0.0368, compared to 0.0388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0368
H2 Avg (Jul–Dec) 0.0388

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0024 IQD (High: 0.0390 / Low: 0.0366). On the other end, March was the most stable month, with a tight range of 0.0001 IQD (High: 0.0360 / Low: 0.0360).

May Spread (Volatile) ±0.0024
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and August, 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 January and February, 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 2016: 0.0391) against the same month in 2015 (average: 0.0366), the exchange rate shifted by +0.0025 (+6.96%).

2016 Avg (December) 0.0391
2015 Avg (December) 0.0366

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0367 0.0362 0.0364
February 0.0363 0.0360 0.0361
March 0.0360 0.0360 0.0360
April 0.0366 0.0360 0.0362
May 0.0390 0.0366 0.0375
June 0.0390 0.0382 0.0387
July 0.0389 0.0384 0.0388
August 0.0388 0.0386 0.0388
September 0.0388 0.0386 0.0387
October 0.0388 0.0386 0.0387
November 0.0392 0.0384 0.0386
December 0.0395 0.0382 0.0391