YEARLY HIGH
7.9447 IQD
YEARLY LOW
7.5406 IQD
YEARLY AVERAGE
7.6947 IQD

2017 LKR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LKR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 7.9447. Conversely, the yearly low was recorded on July 26, dropping to 7.5406.

This high-to-low spread represents a total annual volatility of 0.4041 IQD. From a start-to-finish perspective, comparing the January average rate of 7.8738 to the December average rate of 7.7707, the exchange rate registered a net change of -1.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 7.9447 was down 2.57% compared to the 2016 peak of 8.1539, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39,724 IQD
2016 Average 38,981 IQD
Yearly Trough Low 37,703 IQD
Transaction Impact: A difference of 2,020.55 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

7.9013
7.5720
JanuMarcMayJulySeptNove

LKR 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 7.7442, compared to 7.6453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0989 points.

H1 Avg (Jan–Jun) 7.7442
H2 Avg (Jul–Dec) 7.6453

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.2370 IQD (High: 7.9447 / Low: 7.7077). On the other end, October was the most stable month, with a tight range of 0.0724 IQD (High: 7.6490 / Low: 7.5766).

February Spread (Volatile) ±0.2370
October Spread (Stable) ±0.0724

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 0.0722 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0722

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 7.8236) against the same month in 2016 (average: 7.5524), the exchange rate shifted by +0.2713 (+3.59%).

2017 Avg (February) 7.8236
2016 Avg (February) 7.5524

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.9037 7.8202 7.8738
February 7.9447 7.7077 7.8236
March 7.8450 7.6610 7.7515
April 7.7937 7.6606 7.6991
May 7.7858 7.6169 7.6729
June 7.7287 7.5782 7.6440
July 7.7086 7.5406 7.6102
August 7.7548 7.5915 7.6355
September 7.7065 7.6112 7.6512
October 7.6490 7.5766 7.6048
November 7.7444 7.5761 7.5994
December 7.8188 7.7031 7.7707