YEARLY HIGH
0.8812 IQD
YEARLY LOW
0.8481 IQD
YEARLY AVERAGE
0.8617 IQD

2017 MMK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MMK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.8812. Conversely, the yearly low was recorded on July 13, dropping to 0.8481.

This high-to-low spread represents a total annual volatility of 0.0331 IQD. From a start-to-finish perspective, comparing the January average rate of 0.8701 to the December average rate of 0.8763, the exchange rate registered a net change of 0.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8812 was down 12.34% compared to the 2016 peak of 1.0052, 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 4,406 IQD
2016 Average 4,621 IQD
Yearly Trough Low 4,240 IQD
Transaction Impact: A difference of 165.55 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8783
0.8547
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 0.8617, compared to 0.8618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.8617
H2 Avg (Jul–Dec) 0.8618

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0253 IQD (High: 0.8758 / Low: 0.8506). On the other end, December was the most stable month, with a tight range of 0.0120 IQD (High: 0.8812 / Low: 0.8692).

May Spread (Volatile) ±0.0253
December Spread (Stable) ±0.0120

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 January and February, when the average rate fell by 0.0069 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.8763) against the same month in 2016 (average: 0.8715), the exchange rate shifted by +0.0048 (+0.55%).

2017 Avg (December) 0.8763
2016 Avg (December) 0.8715

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8778 0.8644 0.8701
February 0.8773 0.8584 0.8633
March 0.8723 0.8484 0.8598
April 0.8753 0.8516 0.8613
May 0.8758 0.8506 0.8579
June 0.8649 0.8495 0.8579
July 0.8710 0.8481 0.8566
August 0.8722 0.8516 0.8583
September 0.8670 0.8526 0.8606
October 0.8683 0.8512 0.8576
November 0.8768 0.8539 0.8613
December 0.8812 0.8692 0.8763