YEARLY HIGH
296.5289 IQD
YEARLY LOW
246.3011 IQD
YEARLY AVERAGE
275.3499 IQD

2016 MYR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MYR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 296.5289. Conversely, the yearly low was recorded on January 17, dropping to 246.3011.

This high-to-low spread represents a total annual volatility of 50.2277 IQD. From a start-to-finish perspective, comparing the January average rate of 252.1681 to the December average rate of 263.7756, the exchange rate registered a net change of 4.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 296.5289 was down 11.64% compared to the 2015 peak of 335.5990, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 5,930,577 IQD
2015 Average 6,010,662 IQD
Yearly Trough Low 4,926,023 IQD
Transaction Impact: A difference of 1,004,554.15 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

294.8069
248.2918
JanuMarcMayJulySeptNove

MYR 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 271.7212, compared to 278.9786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.2574 points.

H1 Avg (Jan–Jun) 271.7212
H2 Avg (Jul–Dec) 278.9786

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 18.1238 IQD (High: 277.8879 / Low: 259.7641). On the other end, February was the most stable month, with a tight range of 5.4632 IQD (High: 263.5862 / Low: 258.1230).

November Spread (Volatile) ±18.1238
February Spread (Stable) ±5.4632

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 11.3864 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -11.3864

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 290.9306) against the same month in 2015 (average: 311.2906), the exchange rate shifted by -20.3599 (-6.54%).

2016 Avg (July) 290.9306
2015 Avg (July) 311.2906

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 262.6905 246.3011 252.1681
February 263.5862 258.1230 260.5354
March 279.6202 261.6768 268.0185
April 286.5607 276.7729 281.0359
May 289.8390 273.2578 280.9693
June 292.2807 283.0214 287.6000
July 296.5289 286.8245 290.9306
August 292.3905 285.2362 289.6015
September 287.1291 281.5601 283.5545
October 282.5436 275.3467 278.6978
November 277.8879 259.7641 267.3114
December 267.1860 259.4970 263.7756