YEARLY HIGH
1.6512 IQD
YEARLY LOW
1.5886 IQD
YEARLY AVERAGE
1.6167 IQD

2017 MWK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MWK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 1.6512. Conversely, the yearly low was recorded on July 20, dropping to 1.5886.

This high-to-low spread represents a total annual volatility of 0.0626 IQD. From a start-to-finish perspective, comparing the January average rate of 1.6286 to the December average rate of 1.6405, the exchange rate registered a net change of 0.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.6512 was down 2.79% compared to the 2016 peak of 1.6986, 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 8,256 IQD
2016 Average 8,026 IQD
Yearly Trough Low 7,943 IQD
Transaction Impact: A difference of 313.13 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.6437
1.6053
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 1.6183, compared to 1.6151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 1.6183
H2 Avg (Jul–Dec) 1.6151

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0460 IQD (High: 1.6346 / Low: 1.5886). On the other end, October was the most stable month, with a tight range of 0.0152 IQD (High: 1.6185 / Low: 1.6034).

July Spread (Volatile) ±0.0460
October Spread (Stable) ±0.0152

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0088 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1.6405) against the same month in 2016 (average: 1.6263), the exchange rate shifted by +0.0142 (+0.87%).

2017 Avg (December) 1.6405
2016 Avg (December) 1.6263

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6468 1.6158 1.6286
February 1.6508 1.6185 1.6290
March 1.6360 1.5997 1.6202
April 1.6313 1.5970 1.6125
May 1.6337 1.6008 1.6112
June 1.6323 1.5941 1.6085
July 1.6346 1.5886 1.6095
August 1.6303 1.5944 1.6089
September 1.6311 1.6020 1.6137
October 1.6185 1.6034 1.6089
November 1.6303 1.5972 1.6089
December 1.6512 1.6297 1.6405