2017 MZN to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |