2017 MRO to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MRO to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MRO to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 3.3634. Conversely, the yearly low was recorded on August 26, dropping to 3.1821.
This high-to-low spread represents a total annual volatility of 0.1812 IQD. From a start-to-finish perspective, comparing the January average rate of 3.2925 to the December average rate of 3.3500, the exchange rate registered a net change of 1.75% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3.3634 was down 5.72% compared to the 2016 peak of 3.5672, 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 2017.
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 3.2663, compared to 3.2530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 0.1111 IQD (High: 3.2985 / Low: 3.1874). On the other end, December was the most stable month, with a tight range of 0.0333 IQD (High: 3.3634 / Low: 3.3301).
Growth Streaks & Declines
TrendsBetween September and December, 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 February and March, when the average rate fell by 0.0207 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 3.3500) against the same month in 2016 (average: 3.2841), the exchange rate shifted by +0.0658 (+2.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.3061 | 3.2619 | 3.2925 |
| February | 3.3326 | 3.2729 | 3.2908 |
| March | 3.2930 | 3.2337 | 3.2701 |
| April | 3.2949 | 3.2352 | 3.2527 |
| May | 3.2964 | 3.2233 | 3.2486 |
| June | 3.2869 | 3.2224 | 3.2430 |
| July | 3.2911 | 3.1890 | 3.2285 |
| August | 3.2576 | 3.1821 | 3.2108 |
| September | 3.2444 | 3.1917 | 3.2058 |
| October | 3.2985 | 3.1874 | 3.2347 |
| November | 3.3496 | 3.2786 | 3.2883 |
| December | 3.3634 | 3.3301 | 3.3500 |