2023 IRR to IQD Historical Review

YEARLY HIGH

0.0351 IQD

YEARLY LOW

0.0307 IQD

YEARLY AVERAGE

0.0322 IQD

2023 IRR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0351. Conversely, the yearly low was recorded on August 5, dropping to 0.0307.

This high-to-low spread represents a total annual volatility of 0.0043 IQD. From a start-to-finish perspective, comparing the January average rate of 0.0348 to the December average rate of 0.0310, the exchange rate registered a net change of -10.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0351 was down 0.92% compared to the 2022 peak of 0.0354, 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 175 IQD

2022 Average 173 IQD

Yearly Trough Low 154 IQD

Transaction Impact: A difference of 21.69 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0352

0.0306

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 0.0334, compared to 0.0310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0334

H2 Avg (Jul–Dec) 0.0310

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0037 IQD (High: 0.0346 / Low: 0.0309). On the other end, September was the most stable month, with a tight range of 0.0002 IQD (High: 0.0311 / Low: 0.0309).

May Spread (Volatile) ±0.0037

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0031 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0346) against the same month in 2022 (average: 0.0345), the exchange rate shifted by +0.0000 (+0.09%).

2023 Avg (March) 0.0346

2022 Avg (March) 0.0345

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0351	0.0346	0.0348
February	0.0351	0.0342	0.0346
March	0.0351	0.0341	0.0346
April	0.0346	0.0311	0.0343
May	0.0346	0.0309	0.0312
June	0.0311	0.0308	0.0310
July	0.0312	0.0307	0.0310
August	0.0312	0.0307	0.0310
September	0.0311	0.0309	0.0310
October	0.0311	0.0309	0.0310
November	0.0310	0.0308	0.0309
December	0.0312	0.0310	0.0310