NGN to IQD Historical Rates

Analyze long-term market trends and access daily historical data for the NGN/IQD pair.

10-YEAR HIGH
3.8947 IQD
10-YEAR LOW
0.7724 IQD
10-YEAR AVERAGE
2.6691 IQD

10-Year NGN to IQD Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the NGN to IQD exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on February 1, 2017, when the pair was valued at 3.8947. Conversely, the absolute lowest rate of the decade was recorded on November 22, 2024, dropping to a support floor of 0.7724.

This peak-to-trough range represents a total macro spread of 3.1224 IQD. From a long-term perspective, comparing the decade's oldest annual average of 3.6979 (in 2016) to the newest annual average of 0.9518 (in 2026), the exchange rate registered a net shift of -74.26%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 1.9336, showing a variance of 1.4606 points compared to the older 5-year average of 3.3942.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 1,000,000 NGN over the decade:

Decade Peak High 3,894,737 IQD
10-Year Average 2,669,110 IQD
Decade Trough Low 772,382 IQD
Macro Timing Impact: A difference of 3,122,355.71 IQD purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

4.1958
0.4677
201620182020202220242026

NGN to IQD Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 3.3942, compared to 1.9336 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 1.4606 points.

Older 5 Yrs Avg 3.3942
Recent 5 Yrs Avg 1.9336

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2023, with a trading range of 1.8054 IQD (High: 3.2650 / Low: 1.4596). Conversely, 2026 was the most stable year, with a range of 0.0715 IQD (High: 0.9777 / Low: 0.9062).

2023 Spread (Volatile) ±1.8054
2026 Spread (Stable) ±0.0715

Decade Growth & Declines

Macro Trends

No sustained consecutive year-over-year average growth streak of 2+ years occurred in the last decade. Conversely, the sharpest year-over-year decline occurred between 2023 and 2024, when the average rate fell by 1.3985 points.

Longest Streak 1 Yrs.
Sharpest YoY Drop -1.3985

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 3.6979) against the newest annual average (2026: 0.9518), the exchange rate shifted by -2.7462 (-74.26%).

2016 Baseline Avg 3.6979
2026 Current Avg 0.9518

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-30 0.9582
2026-07-29 0.9610
2026-07-28 0.9584
2026-07-27 0.9600
2026-07-26 0.9578
2026-07-25 0.9578
2026-07-24 0.9581
2026-07-23 0.9551
2026-07-22 0.9520
2026-07-21 0.9499
2026-07-20 0.9488
2026-07-19 0.9492
2026-07-18 0.9492
2026-07-17 0.9496
2026-07-16 0.9485
2026-07-15 0.9475
2026-07-14 0.9488
2026-07-13 0.9504
2026-07-12 0.9510
2026-07-11 0.9503
2026-07-10 0.9507
2026-07-09 0.9510
2026-07-08 0.9538
2026-07-07 0.9557
2026-07-06 0.9567
2026-07-05 0.9566
2026-07-04 0.9568
2026-07-03 0.9556
2026-07-02 0.9544
2026-07-01 0.9505
2026-06-30 0.9484

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