YEARLY HIGH
35.9861 IQD
YEARLY LOW
32.4648 IQD
YEARLY AVERAGE
34.0154 IQD

2017 MUR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MUR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 35.9861. Conversely, the yearly low was recorded on January 5, dropping to 32.4648.

This high-to-low spread represents a total annual volatility of 3.5213 IQD. From a start-to-finish perspective, comparing the January average rate of 32.9091 to the December average rate of 35.2111, the exchange rate registered a net change of 7.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 35.9861 was up 6.94% compared to the 2016 peak of 33.6498, 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 179,931 IQD
2016 Average 160,424 IQD
Yearly Trough Low 162,324 IQD
Transaction Impact: A difference of 17,606.48 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

35.4667
32.6766
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 33.2998, compared to 34.7311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4314 points.

H1 Avg (Jan–Jun) 33.2998
H2 Avg (Jul–Dec) 34.7311

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 1.4513 IQD (High: 35.8278 / Low: 34.3765). On the other end, October was the most stable month, with a tight range of 0.6485 IQD (High: 34.6480 / Low: 33.9996).

September Spread (Volatile) ±1.4513
October Spread (Stable) ±0.6485

Growth Streaks & Declines

Trends

Between March and August, 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 0.8250 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 35.2342) against the same month in 2016 (average: 33.1934), the exchange rate shifted by +2.0408 (+6.15%).

2017 Avg (August) 35.2342
2016 Avg (August) 33.1934

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.3134 32.4648 32.9091
February 33.5568 32.9039 33.2594
March 33.6124 32.7788 33.1777
April 33.7793 32.8149 33.2688
May 34.2128 32.9950 33.5437
June 34.1728 33.4121 33.6398
July 34.9453 33.7340 34.2114
August 35.9861 34.7603 35.2342
September 35.8278 34.3765 35.1582
October 34.6480 33.9996 34.3333
November 35.0882 33.7428 34.2386
December 35.6203 34.6309 35.2111