YEARLY HIGH
11.7352 IQD
YEARLY LOW
10.5739 IQD
YEARLY AVERAGE
11.2250 IQD

2016 KES to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KES to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 11.7352. Conversely, the yearly low was recorded on January 31, dropping to 10.5739.

This high-to-low spread represents a total annual volatility of 1.1613 IQD. From a start-to-finish perspective, comparing the January average rate of 10.6694 to the December average rate of 11.5108, the exchange rate registered a net change of 7.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.7352 was down 10.11% compared to the 2015 peak of 13.0547, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,676 IQD
2015 Average 59,483 IQD
Yearly Trough Low 52,869 IQD
Transaction Impact: A difference of 5,806.39 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.6850
10.5771
JanuMarcMayJulySeptNove

KES 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 10.9610, compared to 11.4891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5281 points.

H1 Avg (Jan–Jun) 10.9610
H2 Avg (Jul–Dec) 11.4891

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.7853 IQD (High: 11.7352 / Low: 10.9499). On the other end, July was the most stable month, with a tight range of 0.0438 IQD (High: 11.5520 / Low: 11.5082).

May Spread (Volatile) ±0.7853
July Spread (Stable) ±0.0438

Growth Streaks & Declines

Trends

Between January and June, 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 October and November, when the average rate fell by 0.0750 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0750

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 11.2733) against the same month in 2015 (average: 12.3116), the exchange rate shifted by -1.0383 (-8.43%).

2016 Avg (May) 11.2733
2015 Avg (May) 12.3116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7855 10.5739 10.6694
February 10.7135 10.6310 10.6763
March 10.7753 10.7057 10.7295
April 10.9537 10.7149 10.8246
May 11.7352 10.9499 11.2733
June 11.7104 11.4532 11.5927
July 11.5520 11.5082 11.5328
August 11.5290 11.4598 11.4975
September 11.5386 11.4777 11.5069
October 11.5142 11.4502 11.4807
November 11.5846 11.3319 11.4057
December 11.5976 11.2667 11.5108