YEARLY HIGH
67.2867 IQD
YEARLY LOW
53.6780 IQD
YEARLY AVERAGE
62.1806 IQD

2017 MXN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MXN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 67.2867. Conversely, the yearly low was recorded on January 19, dropping to 53.6780.

This high-to-low spread represents a total annual volatility of 13.6088 IQD. From a start-to-finish perspective, comparing the January average rate of 55.3305 to the December average rate of 61.9402, the exchange rate registered a net change of 11.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 67.2867 was up 3.76% compared to the 2016 peak of 64.8454, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 3,364,337 IQD
2016 Average 3,053,929 IQD
Yearly Trough Low 2,683,899 IQD
Transaction Impact: A difference of 680,438.30 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

66.7334
54.2938
JanuMarcMayJulySeptNove

MXN 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 60.6315, compared to 63.7296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0981 points.

H1 Avg (Jan–Jun) 60.6315
H2 Avg (Jul–Dec) 63.7296

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 4.3422 IQD (High: 63.1704 / Low: 58.8281). On the other end, August was the most stable month, with a tight range of 2.1226 IQD (High: 66.8441 / Low: 64.7215).

March Spread (Volatile) ±4.3422
August Spread (Stable) ±2.1226

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 3.6823 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.6823

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 65.4844) against the same month in 2016 (average: 62.8957), the exchange rate shifted by +2.5887 (+4.12%).

2017 Avg (July) 65.4844
2016 Avg (July) 62.8957

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.3460 53.6780 55.3305
February 59.8937 57.0868 58.2743
March 63.1704 58.8281 60.9921
April 63.3820 60.7716 62.5303
May 63.4774 61.0501 62.2974
June 66.3094 62.1594 64.3643
July 67.2867 64.0026 65.4844
August 66.8441 64.7215 65.5791
September 66.5998 63.9858 65.6968
October 64.5981 60.5483 62.0144
November 63.4678 60.6085 61.6629
December 63.9971 59.9288 61.9402