YEARLY HIGH
11.9564 IQD
YEARLY LOW
10.0750 IQD
YEARLY AVERAGE
11.0136 IQD

2017 ISK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 11.9564. Conversely, the yearly low was recorded on January 11, dropping to 10.0750.

This high-to-low spread represents a total annual volatility of 1.8814 IQD. From a start-to-finish perspective, comparing the January average rate of 10.3351 to the December average rate of 11.3588, the exchange rate registered a net change of 9.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.9564 was up 12.62% compared to the 2016 peak of 10.6164, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,782 IQD
2016 Average 47,359 IQD
Yearly Trough Low 50,375 IQD
Transaction Impact: A difference of 9,407.16 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.7111
10.2100
JanuMarcMayJulySeptNove

ISK 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 10.8817, compared to 11.1455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2639 points.

H1 Avg (Jan–Jun) 10.8817
H2 Avg (Jul–Dec) 11.1455

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.8767 IQD (High: 11.9564 / Low: 11.0797). On the other end, October was the most stable month, with a tight range of 0.2082 IQD (High: 11.1856 / Low: 10.9774).

June Spread (Volatile) ±0.8767
October Spread (Stable) ±0.2082

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3912 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3912

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 11.5860) against the same month in 2016 (average: 9.5080), the exchange rate shifted by +2.0780 (+21.85%).

2017 Avg (June) 11.5860
2016 Avg (June) 9.5080

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.5686 10.0750 10.3351
February 11.0741 10.3447 10.6048
March 11.0916 10.3209 10.7592
April 11.0775 10.2331 10.6217
May 11.8553 10.9863 11.3834
June 11.9564 11.0797 11.5860
July 11.4491 10.8596 11.1948
August 11.2490 10.6883 11.0273
September 11.2731 10.8129 11.0134
October 11.1856 10.9774 11.0711
November 11.4688 10.9837 11.2079
December 11.5482 11.2085 11.3588