YEARLY HIGH
33.6498 IQD
YEARLY LOW
30.0815 IQD
YEARLY AVERAGE
32.0798 IQD

2016 MUR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 33.6498. Conversely, the yearly low was recorded on January 31, dropping to 30.0815.

This high-to-low spread represents a total annual volatility of 3.5683 IQD. From a start-to-finish perspective, comparing the January average rate of 30.2801 to the December average rate of 32.7289, the exchange rate registered a net change of 8.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 33.6498 was down 9.06% compared to the 2015 peak of 37.0013, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168,249 IQD
2015 Average 166,157 IQD
Yearly Trough Low 150,407 IQD
Transaction Impact: A difference of 17,841.69 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

33.4847
29.9888
JanuMarcMayJulySeptNove

MUR 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 31.3162, compared to 32.8434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5272 points.

H1 Avg (Jan–Jun) 31.3162
H2 Avg (Jul–Dec) 32.8434

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 2.2194 IQD (High: 33.6498 / Low: 31.4304). On the other end, July was the most stable month, with a tight range of 0.1498 IQD (High: 33.0494 / Low: 32.8996).

May Spread (Volatile) ±2.2194
July Spread (Stable) ±0.1498

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3314 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.3314

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 32.2907) against the same month in 2015 (average: 33.8967), the exchange rate shifted by -1.6060 (-4.74%).

2016 Avg (May) 32.2907
2015 Avg (May) 33.8967

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.6883 30.0815 30.2801
February 30.6513 30.1459 30.4528
March 30.8572 30.2545 30.5940
April 31.6209 30.8877 31.2207
May 33.6498 31.4304 32.2907
June 33.4020 32.6666 33.0587
July 33.0494 32.8996 32.9977
August 33.5969 32.8801 33.1934
September 33.1519 32.8356 33.0148
October 32.8808 32.4877 32.6835
November 32.9877 32.2140 32.4420
December 33.0021 32.0114 32.7289