YEARLY HIGH
0.3980 IQD
YEARLY LOW
0.3353 IQD
YEARLY AVERAGE
0.3589 IQD

2016 MGA to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.3980. Conversely, the yearly low was recorded on March 28, dropping to 0.3353.

This high-to-low spread represents a total annual volatility of 0.0628 IQD. From a start-to-finish perspective, comparing the January average rate of 0.3401 to the December average rate of 0.3527, the exchange rate registered a net change of 3.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3980 was down 13.33% compared to the 2015 peak of 0.4592, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,990 IQD
2015 Average 1,887 IQD
Yearly Trough Low 1,676 IQD
Transaction Impact: A difference of 313.86 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3908
0.3349
JanuMarcMayJulySeptNove

MGA 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 0.3470, compared to 0.3708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 0.3470
H2 Avg (Jul–Dec) 0.3708

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0358 IQD (High: 0.3980 / Low: 0.3622). On the other end, January was the most stable month, with a tight range of 0.0054 IQD (High: 0.3434 / Low: 0.3380).

July Spread (Volatile) ±0.0358
January Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between March and August, 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 September and October, when the average rate fell by 0.0159 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.3799) against the same month in 2015 (average: 0.3604), the exchange rate shifted by +0.0195 (+5.42%).

2016 Avg (July) 0.3799
2015 Avg (July) 0.3604

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3434 0.3380 0.3401
February 0.3457 0.3383 0.3417
March 0.3422 0.3353 0.3395
April 0.3486 0.3404 0.3442
May 0.3685 0.3483 0.3572
June 0.3645 0.3544 0.3592
July 0.3980 0.3622 0.3799
August 0.3957 0.3810 0.3861
September 0.3853 0.3744 0.3820
October 0.3743 0.3619 0.3661
November 0.3683 0.3487 0.3580
December 0.3578 0.3473 0.3527