YEARLY HIGH
41.5170 IQD
YEARLY LOW
38.4448 IQD
YEARLY AVERAGE
39.8371 IQD

2016 NIO to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NIO to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 41.5170. Conversely, the yearly low was recorded on March 27, dropping to 38.4448.

This high-to-low spread represents a total annual volatility of 3.0722 IQD. From a start-to-finish perspective, comparing the January average rate of 39.2544 to the December average rate of 40.1440, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 41.5170 was down 7.70% compared to the 2015 peak of 44.9797, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 207,585 IQD
2015 Average 215,171 IQD
Yearly Trough Low 192,224 IQD
Transaction Impact: A difference of 15,361.03 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

41.3151
38.2904
JanuMarcMayJulySeptNove

NIO 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 39.4086, compared to 40.2655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8569 points.

H1 Avg (Jan–Jun) 39.4086
H2 Avg (Jul–Dec) 40.2655

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 2.7411 IQD (High: 41.5170 / Low: 38.7759). On the other end, March was the most stable month, with a tight range of 0.2749 IQD (High: 38.7197 / Low: 38.4448).

May Spread (Volatile) ±2.7411
March Spread (Stable) ±0.2749

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 January and February, when the average rate fell by 0.4258 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 39.8799) against the same month in 2015 (average: 44.1905), the exchange rate shifted by -4.3106 (-9.75%).

2016 Avg (May) 39.8799
2015 Avg (May) 44.1905

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.5318 38.8617 39.2544
February 39.3882 38.6110 38.8286
March 38.7197 38.4448 38.5425
April 39.5098 38.5511 38.8834
May 41.5170 38.7759 39.8799
June 41.4574 40.6269 41.0630
July 41.0543 40.4941 40.8662
August 40.8480 40.1512 40.4453
September 40.4589 40.0307 40.2336
October 40.2288 39.8830 40.0617
November 40.4204 39.5192 39.8425
December 40.6497 39.3652 40.1440