YEARLY HIGH
0.6083 IQD
YEARLY LOW
0.4655 IQD
YEARLY AVERAGE
0.5349 IQD

2016 MNT to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MNT to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 27, valuing the pair at 0.6083. Conversely, the yearly low was recorded on December 7, dropping to 0.4655.

This high-to-low spread represents a total annual volatility of 0.1428 IQD. From a start-to-finish perspective, comparing the January average rate of 0.5469 to the December average rate of 0.4749, the exchange rate registered a net change of -13.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6083 was down 5.06% compared to the 2015 peak of 0.6408, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,042 IQD
2015 Average 2,963 IQD
Yearly Trough Low 2,328 IQD
Transaction Impact: A difference of 714.18 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6086
0.4627
JanuMarcMayJulySeptNove

MNT 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 0.5544, compared to 0.5153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0391 points.

H1 Avg (Jan–Jun) 0.5544
H2 Avg (Jul–Dec) 0.5153

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0489 IQD (High: 0.5654 / Low: 0.5165). On the other end, March was the most stable month, with a tight range of 0.0045 IQD (High: 0.5363 / Low: 0.5317).

August Spread (Volatile) ±0.0489
March Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0434 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.5964) against the same month in 2015 (average: 0.6243), the exchange rate shifted by -0.0279 (-4.46%).

2016 Avg (June) 0.5964
2015 Avg (June) 0.6243

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5528 0.5430 0.5469
February 0.5424 0.5352 0.5393
March 0.5363 0.5317 0.5330
April 0.5605 0.5316 0.5448
May 0.5918 0.5491 0.5661
June 0.6083 0.5912 0.5964
July 0.5898 0.5666 0.5786
August 0.5654 0.5165 0.5352
September 0.5274 0.5095 0.5208
October 0.5131 0.4917 0.5046
November 0.4906 0.4713 0.4779
December 0.4788 0.4655 0.4749