YEARLY HIGH
1.6986 IQD
YEARLY LOW
1.4457 IQD
YEARLY AVERAGE
1.6046 IQD

2016 MWK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MWK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 1.6986. Conversely, the yearly low was recorded on February 21, dropping to 1.4457.

This high-to-low spread represents a total annual volatility of 0.2529 IQD. From a start-to-finish perspective, comparing the January average rate of 1.5851 to the December average rate of 1.6263, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.6986 was down 37.58% compared to the 2015 peak of 2.7214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,493 IQD
2015 Average 11,897 IQD
Yearly Trough Low 7,228 IQD
Transaction Impact: A difference of 1,264.65 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6796
1.4535
JanuMarcMayJulySeptNove

MWK 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 1.5860, compared to 1.6233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0374 points.

H1 Avg (Jan–Jun) 1.5860
H2 Avg (Jul–Dec) 1.6233

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.1850 IQD (High: 1.6703 / Low: 1.4852). On the other end, September was the most stable month, with a tight range of 0.0088 IQD (High: 1.6244 / Low: 1.6156).

January Spread (Volatile) ±0.1850
September Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1128 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 1.6608) against the same month in 2015 (average: 2.6927), the exchange rate shifted by -1.0319 (-38.32%).

2016 Avg (June) 1.6608
2015 Avg (June) 2.6927

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6703 1.4852 1.5851
February 1.5219 1.4457 1.4724
March 1.6054 1.4635 1.5571
April 1.6390 1.5853 1.6090
May 1.6861 1.5762 1.6314
June 1.6986 1.6307 1.6608
July 1.6525 1.6273 1.6370
August 1.6359 1.6157 1.6232
September 1.6244 1.6156 1.6204
October 1.6371 1.6108 1.6199
November 1.6378 1.6007 1.6132
December 1.6468 1.5875 1.6263