YEARLY HIGH
1.0657 IQD
YEARLY LOW
0.8765 IQD
YEARLY AVERAGE
0.9829 IQD

2016 KRW to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KRW to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 1.0657. Conversely, the yearly low was recorded on February 28, dropping to 0.8765.

This high-to-low spread represents a total annual volatility of 0.1892 IQD. From a start-to-finish perspective, comparing the January average rate of 0.9093 to the December average rate of 0.9932, the exchange rate registered a net change of 9.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0657 was down 4.10% compared to the 2015 peak of 1.1113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,328,610 IQD
2015 Average 5,154,746 IQD
Yearly Trough Low 4,382,534 IQD
Transaction Impact: A difference of 946,075.20 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0654
0.8782
JanuMarcMayJulySeptNove

KRW 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 0.9413, compared to 1.0244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0830 points.

H1 Avg (Jan–Jun) 0.9413
H2 Avg (Jul–Dec) 1.0244

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0681 IQD (High: 0.9502 / Low: 0.8821). On the other end, August was the most stable month, with a tight range of 0.0279 IQD (High: 1.0643 / Low: 1.0364).

March Spread (Volatile) ±0.0681
August Spread (Stable) ±0.0279

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0357 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 1.0498) against the same month in 2015 (average: 0.9861), the exchange rate shifted by +0.0637 (+6.46%).

2016 Avg (September) 1.0498
2015 Avg (September) 0.9861

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9365 0.8961 0.9093
February 0.9091 0.8765 0.8938
March 0.9502 0.8821 0.9197
April 0.9764 0.9412 0.9553
May 0.9997 0.9359 0.9667
June 1.0218 0.9864 1.0032
July 1.0479 1.0054 1.0242
August 1.0643 1.0364 1.0491
September 1.0657 1.0344 1.0498
October 1.0566 1.0169 1.0329
November 1.0203 0.9767 0.9972
December 1.0165 0.9738 0.9932