YEARLY HIGH
0.0867 IQD
YEARLY LOW
0.0631 IQD
YEARLY AVERAGE
0.0735 IQD

2023 LAK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0867. Conversely, the yearly low was recorded on November 14, dropping to 0.0631.

This high-to-low spread represents a total annual volatility of 0.0236 IQD. From a start-to-finish perspective, comparing the January average rate of 0.0859 to the December average rate of 0.0635, the exchange rate registered a net change of -26.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0867 was down 33.58% compared to the 2022 peak of 0.1306, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 434 IQD
2022 Average 524 IQD
Yearly Trough Low 315 IQD
Transaction Impact: A difference of 118.16 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0888
0.0609
JanuMarcMayJulySeptNove

LAK 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 0.0816, compared to 0.0653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0163 points.

H1 Avg (Jan–Jun) 0.0816
H2 Avg (Jul–Dec) 0.0653

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0108 IQD (High: 0.0845 / Low: 0.0737). On the other end, November was the most stable month, with a tight range of 0.0002 IQD (High: 0.0633 / Low: 0.0631).

May Spread (Volatile) ±0.0108
November 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 0.0095 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0865) against the same month in 2022 (average: 0.1280), the exchange rate shifted by -0.0415 (-32.44%).

2023 Avg (February) 0.0865
2022 Avg (February) 0.1280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0867 0.0841 0.0859
February 0.0867 0.0862 0.0865
March 0.0866 0.0859 0.0864
April 0.0862 0.0770 0.0846
May 0.0845 0.0737 0.0752
June 0.0739 0.0688 0.0713
July 0.0698 0.0677 0.0685
August 0.0686 0.0667 0.0674
September 0.0666 0.0642 0.0657
October 0.0643 0.0632 0.0636
November 0.0633 0.0631 0.0632
December 0.0638 0.0632 0.0635