YEARLY HIGH
1.1606 IQD
YEARLY LOW
0.8275 IQD
YEARLY AVERAGE
1.0587 IQD

2015 MMK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MMK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 1.1606. Conversely, the yearly low was recorded on November 22, dropping to 0.8275.

This high-to-low spread represents a total annual volatility of 0.3331 IQD. From a start-to-finish perspective, comparing the January average rate of 1.1368 to the December average rate of 0.8449, the exchange rate registered a net change of -25.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.1606 was down 5.96% compared to the 2014 peak of 1.2341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,803 IQD
2014 Average 5,957 IQD
Yearly Trough Low 4,138 IQD
Transaction Impact: A difference of 1,665.53 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.1828
0.8141
JanuMarcMayJulySeptNove

MMK 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 1.1169, compared to 1.0005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1165 points.

H1 Avg (Jan–Jun) 1.1169
H2 Avg (Jul–Dec) 1.0005

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.2135 IQD (High: 1.0990 / Low: 0.8854). On the other end, February was the most stable month, with a tight range of 0.0119 IQD (High: 1.1580 / Low: 1.1460).

October Spread (Volatile) ±0.2135
February Spread (Stable) ±0.0119

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2040 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 1.1368) against the same month in 2014 (average: 1.1836), the exchange rate shifted by -0.0468 (-3.95%).

2015 Avg (January) 1.1368
2014 Avg (January) 1.1836

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1606 1.1059 1.1368
February 1.1580 1.1460 1.1521
March 1.1514 1.1133 1.1351
April 1.1507 1.0940 1.1124
May 1.0995 1.0783 1.0897
June 1.0901 1.0537 1.0754
July 1.1019 1.0539 1.0799
August 1.1026 1.0584 1.0724
September 1.0991 1.0571 1.0820
October 1.0990 0.8854 1.0638
November 0.9322 0.8275 0.8598
December 0.8761 0.8333 0.8449