2023 IQD to PHP Historical Review

YEARLY HIGH

0.0437 PHP

YEARLY LOW

0.0364 PHP

YEARLY AVERAGE

0.0410 PHP

2023 IQD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0437. Conversely, the yearly low was recorded on February 5, dropping to 0.0364.

This high-to-low spread represents a total annual volatility of 0.0073 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0376 to the December average rate of 0.0424, the exchange rate registered a net change of 12.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0437 was up 7.17% compared to the 2022 peak of 0.0408, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 219 PHP

2022 Average 187 PHP

Yearly Trough Low 182 PHP

Transaction Impact: A difference of 36.46 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0440

0.0370

JanuMarcMayJulySeptNove

IQD to PHP 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 0.0393, compared to 0.0428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0393

H2 Avg (Jul–Dec) 0.0428

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0055 PHP (High: 0.0427 / Low: 0.0372). On the other end, October was the most stable month, with a tight range of 0.0004 PHP (High: 0.0436 / Low: 0.0432).

April Spread (Volatile) ±0.0055

October Spread (Stable) ±0.0004

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 October and November, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0434) against the same month in 2022 (average: 0.0395), the exchange rate shifted by +0.0038 (+9.72%).

2023 Avg (September) 0.0434

2022 Avg (September) 0.0395

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.0383	0.0372	0.0376
February	0.0383	0.0364	0.0376
March	0.0381	0.0370	0.0375
April	0.0427	0.0372	0.0381
May	0.0430	0.0379	0.0423
June	0.0430	0.0421	0.0426
July	0.0427	0.0415	0.0420
August	0.0434	0.0419	0.0430
September	0.0437	0.0432	0.0434
October	0.0436	0.0432	0.0434
November	0.0433	0.0422	0.0426
December	0.0426	0.0422	0.0424

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा