2014 MRO to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 MRO to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the MRO to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 4.1439. Conversely, the yearly low was recorded on April 13, dropping to 3.9088.
This high-to-low spread represents a total annual volatility of 0.2351 IQD. From a start-to-finish perspective, comparing the January average rate of 4.0106 to the December average rate of 4.0413, the exchange rate registered a net change of 0.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 4.1439 was down 6.18% compared to the 2013 peak of 4.4170, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MRO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
MRO to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.9972, compared to 4.0298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0326 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 0.1607 IQD (High: 4.1439 / Low: 3.9832). On the other end, July was the most stable month, with a tight range of 0.0553 IQD (High: 4.0513 / Low: 3.9961).
Growth Streaks & Declines
TrendsBetween April and July, 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 March and April, when the average rate fell by 0.0426 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 4.0413) against the same month in 2013 (average: 3.9934), the exchange rate shifted by +0.0478 (+1.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.0470 | 3.9904 | 4.0106 |
| February | 4.0365 | 3.9798 | 4.0088 |
| March | 4.0344 | 3.9129 | 3.9917 |
| April | 4.0168 | 3.9088 | 3.9491 |
| May | 4.0390 | 3.9330 | 3.9966 |
| June | 4.0504 | 3.9848 | 4.0264 |
| July | 4.0513 | 3.9961 | 4.0289 |
| August | 4.0510 | 3.9855 | 4.0241 |
| September | 4.0518 | 3.9875 | 4.0266 |
| October | 4.0825 | 3.9537 | 4.0232 |
| November | 4.0680 | 4.0043 | 4.0345 |
| December | 4.1439 | 3.9832 | 4.0413 |