YEARLY HIGH
20.2405 IQD
YEARLY LOW
16.3732 IQD
YEARLY AVERAGE
18.3236 IQD

2017 MZN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MZN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 20.2405. Conversely, the yearly low was recorded on June 3, dropping to 16.3732.

This high-to-low spread represents a total annual volatility of 3.8673 IQD. From a start-to-finish perspective, comparing the January average rate of 16.6913 to the December average rate of 19.9287, the exchange rate registered a net change of 19.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 20.2405 was down 17.37% compared to the 2016 peak of 24.4942, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 101,202 IQD
2016 Average 93,711 IQD
Yearly Trough Low 81,866 IQD
Transaction Impact: A difference of 19,336.29 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

20.2524
16.3675
JanuMarcMayJulySeptNove

MZN 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 17.3732, compared to 19.2740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9008 points.

H1 Avg (Jan–Jun) 17.3732
H2 Avg (Jul–Dec) 19.2740

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 3.4839 IQD (High: 19.8571 / Low: 16.3732). On the other end, October was the most stable month, with a tight range of 0.2940 IQD (High: 19.2861 / Low: 18.9921).

June Spread (Volatile) ±3.4839
October Spread (Stable) ±0.2940

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 April and May, when the average rate fell by 0.4167 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 19.9287) against the same month in 2016 (average: 16.1361), the exchange rate shifted by +3.7925 (+23.50%).

2017 Avg (December) 19.9287
2016 Avg (December) 16.1361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.8722 16.4207 16.6913
February 17.0115 16.6793 16.8107
March 17.3106 16.5182 16.9796
April 17.9962 17.0889 17.7001
May 18.4688 16.4111 17.2834
June 19.8571 16.3732 18.7740
July 19.8710 18.8881 19.2840
August 19.3869 18.9639 19.0988
September 19.3934 18.8571 19.0353
October 19.2861 18.9921 19.1232
November 19.4066 19.0123 19.1742
December 20.2405 19.4016 19.9287