YEARLY HIGH
87.3624 IQD
YEARLY LOW
64.6360 IQD
YEARLY AVERAGE
77.8431 IQD

2016 NAD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NAD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 87.3624. Conversely, the yearly low was recorded on January 18, dropping to 64.6360.

This high-to-low spread represents a total annual volatility of 22.7264 IQD. From a start-to-finish perspective, comparing the January average rate of 67.1509 to the December average rate of 84.8078, the exchange rate registered a net change of 26.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 87.3624 was down 16.43% compared to the 2015 peak of 104.5418, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 436,812 IQD
2015 Average 459,799 IQD
Yearly Trough Low 323,180 IQD
Transaction Impact: A difference of 113,631.84 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

86.5735
65.3852
JanuMarcMayJulySeptNove

NAD 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 72.3319, compared to 83.3543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.0224 points.

H1 Avg (Jan–Jun) 72.3319
H2 Avg (Jul–Dec) 83.3543

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 7.6734 IQD (High: 87.3624 / Low: 79.6890). On the other end, February was the most stable month, with a tight range of 3.8931 IQD (High: 71.3688 / Low: 67.4757).

August Spread (Volatile) ±7.6734
February Spread (Stable) ±3.8931

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 August and September, when the average rate fell by 1.9375 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.9375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 84.7745) against the same month in 2015 (average: 89.9386), the exchange rate shifted by -5.1641 (-5.74%).

2016 Avg (August) 84.7745
2015 Avg (August) 89.9386

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 71.0663 64.6360 67.1509
February 71.3688 67.4757 68.9346
March 73.5116 68.8330 70.8554
April 77.7968 71.4376 75.0336
May 78.0269 70.6197 74.2309
June 80.7126 75.4954 77.7861
July 83.7405 79.0404 81.1801
August 87.3624 79.6890 84.7745
September 85.9458 79.5643 82.8370
October 85.8838 81.2979 83.5005
November 86.9309 79.7478 83.0256
December 86.5499 82.6481 84.8078