YEARLY HIGH
0.4070 IQD
YEARLY LOW
0.3491 IQD
YEARLY AVERAGE
0.3760 IQD

2017 MGA to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.4070. Conversely, the yearly low was recorded on January 4, dropping to 0.3491.

This high-to-low spread represents a total annual volatility of 0.0579 IQD. From a start-to-finish perspective, comparing the January average rate of 0.3599 to the December average rate of 0.3690, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4070 was up 2.25% compared to the 2016 peak of 0.3980, 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 2,035 IQD
2016 Average 1,795 IQD
Yearly Trough Low 1,745 IQD
Transaction Impact: A difference of 289.61 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3980
0.3564
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 0.3694, compared to 0.3826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 0.3694
H2 Avg (Jul–Dec) 0.3826

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0282 IQD (High: 0.4070 / Low: 0.3788). On the other end, November was the most stable month, with a tight range of 0.0082 IQD (High: 0.3696 / Low: 0.3614).

July Spread (Volatile) ±0.0282
November Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0126 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.3946) against the same month in 2016 (average: 0.3799), the exchange rate shifted by +0.0147 (+3.86%).

2017 Avg (July) 0.3946
2016 Avg (July) 0.3799

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3701 0.3491 0.3599
February 0.3858 0.3690 0.3749
March 0.3844 0.3569 0.3689
April 0.3715 0.3589 0.3659
May 0.3836 0.3655 0.3738
June 0.3861 0.3609 0.3731
July 0.4070 0.3788 0.3946
August 0.4003 0.3900 0.3937
September 0.3985 0.3858 0.3919
October 0.3860 0.3705 0.3794
November 0.3696 0.3614 0.3671
December 0.3745 0.3643 0.3690