YEARLY HIGH
59.9578 IQD
YEARLY LOW
52.8494 IQD
YEARLY AVERAGE
57.3066 IQD

2016 MDL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MDL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 59.9578. Conversely, the yearly low was recorded on January 25, dropping to 52.8494.

This high-to-low spread represents a total annual volatility of 7.1084 IQD. From a start-to-finish perspective, comparing the January average rate of 53.7358 to the December average rate of 58.4545, the exchange rate registered a net change of 8.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 59.9578 was down 20.15% compared to the 2015 peak of 75.0899, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 299,789 IQD
2015 Average 311,582 IQD
Yearly Trough Low 264,247 IQD
Transaction Impact: A difference of 35,542.02 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

59.8635
53.1787
JanuMarcMayJulySeptNove

MDL 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 55.9180, compared to 58.6951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7771 points.

H1 Avg (Jan–Jun) 55.9180
H2 Avg (Jul–Dec) 58.6951

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 3.4867 IQD (High: 59.4088 / Low: 55.9220). On the other end, September was the most stable month, with a tight range of 0.3142 IQD (High: 59.1795 / Low: 58.8653).

May Spread (Volatile) ±3.4867
September Spread (Stable) ±0.3142

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 0.7021 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.7021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 59.3064) against the same month in 2015 (average: 64.0728), the exchange rate shifted by -4.7664 (-7.44%).

2016 Avg (June) 59.3064
2015 Avg (June) 64.0728

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.8003 52.8494 53.7358
February 54.6925 53.5919 54.2315
March 55.7134 54.3323 55.0817
April 56.3369 55.2484 55.7991
May 59.4088 55.9220 57.3534
June 59.9578 58.7572 59.3064
July 59.4382 58.8031 59.0951
August 59.2683 58.8628 59.1313
September 59.1795 58.8653 59.0302
October 59.1452 58.0996 58.5809
November 58.6050 57.0311 57.8788
December 59.5896 56.9982 58.4545