2023 KZT to IQD Historical Review

YEARLY HIGH

3.3855 IQD

YEARLY LOW

2.7297 IQD

YEARLY AVERAGE

2.9803 IQD

2023 KZT to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 3.3855. Conversely, the yearly low was recorded on October 19, dropping to 2.7297.

This high-to-low spread represents a total annual volatility of 0.6559 IQD. From a start-to-finish perspective, comparing the January average rate of 3.1557 to the December average rate of 2.8545, the exchange rate registered a net change of -9.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.3855 was down 3.68% compared to the 2022 peak of 3.5150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,928 IQD

2022 Average 15,845 IQD

Yearly Trough Low 13,648 IQD

Transaction Impact: A difference of 3,279.40 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.2821

2.6994

JanuMarcMayJulySeptNove

KZT 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 3.1185, compared to 2.8420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2765 points.

H1 Avg (Jan–Jun) 3.1185

H2 Avg (Jul–Dec) 2.8420

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.4170 IQD (High: 3.2986 / Low: 2.8817). On the other end, January was the most stable month, with a tight range of 0.0385 IQD (High: 3.1735 / Low: 3.1350).

April Spread (Volatile) ±0.4170

January Spread (Stable) ±0.0385

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2562 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 3.2318) against the same month in 2022 (average: 2.9005), the exchange rate shifted by +0.3314 (+11.43%).

2023 Avg (March) 3.2318

2022 Avg (March) 2.9005

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.1735	3.1350	3.1557
February	3.2790	3.1690	3.2336
March	3.3855	3.1408	3.2318
April	3.2986	2.8817	3.2134
May	3.2652	2.9056	2.9573
June	2.9500	2.8826	2.9194
July	2.9643	2.9011	2.9401
August	2.9596	2.8166	2.8908
September	2.8621	2.7306	2.7952
October	2.7933	2.7297	2.7480
November	2.8606	2.7873	2.8237
December	2.8718	2.8327	2.8545