YEARLY HIGH
294.5804 IQD
YEARLY LOW
260.7352 IQD
YEARLY AVERAGE
272.9917 IQD

2017 MYR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 294.5804. Conversely, the yearly low was recorded on January 5, dropping to 260.7352.

This high-to-low spread represents a total annual volatility of 33.8451 IQD. From a start-to-finish perspective, comparing the January average rate of 264.8053 to the December average rate of 291.9235, the exchange rate registered a net change of 10.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 294.5804 was down 0.66% compared to the 2016 peak of 296.5289, 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 5,891,607 IQD
2016 Average 5,507,627 IQD
Yearly Trough Low 5,214,704 IQD
Transaction Impact: A difference of 676,902.92 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

294.6503
261.9284
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 267.5686, compared to 278.4147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.8461 points.

H1 Avg (Jan–Jun) 267.5686
H2 Avg (Jul–Dec) 278.4147

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 14.3701 IQD (High: 289.4757 / Low: 275.1057). On the other end, October was the most stable month, with a tight range of 4.4931 IQD (High: 279.0418 / Low: 274.5487).

November Spread (Volatile) ±14.3701
October Spread (Stable) ±4.4931

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 1.8143 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 291.9235) against the same month in 2016 (average: 263.7756), the exchange rate shifted by +28.1479 (+10.67%).

2017 Avg (December) 291.9235
2016 Avg (December) 263.7756

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 267.8725 260.7352 264.8053
February 268.8726 264.0814 265.9485
March 267.9887 261.4345 264.6552
April 270.8741 262.5314 266.0050
May 275.0358 267.3527 270.8679
June 277.4777 270.9187 273.1298
July 275.8661 268.4603 272.0418
August 276.4448 270.5193 272.4628
September 281.9352 273.6724 277.9698
October 279.0418 274.5487 276.1555
November 289.4757 275.1057 279.9348
December 294.5804 289.3656 291.9235