2017 NIO to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NIO to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NIO to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 40.8228. Conversely, the yearly low was recorded on November 25, dropping to 37.6816.
This high-to-low spread represents a total annual volatility of 3.1412 IQD. From a start-to-finish perspective, comparing the January average rate of 40.1576 to the December average rate of 38.6125, the exchange rate registered a net change of -3.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 40.8228 was down 1.67% compared to the 2016 peak of 41.5170, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 39.6773, compared to 38.5752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1021 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was September, with a trading range of 1.3630 IQD (High: 39.5021 / Low: 38.1391). On the other end, December was the most stable month, with a tight range of 0.4704 IQD (High: 38.7707 / Low: 38.3002).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3837 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 40.1576) against the same month in 2016 (average: 39.2544), the exchange rate shifted by +0.9032 (+2.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 40.8228 | 39.7369 | 40.1576 |
| February | 40.5388 | 39.7341 | 40.0333 |
| March | 39.9561 | 39.2761 | 39.7349 |
| April | 40.0534 | 39.1641 | 39.5530 |
| May | 40.0016 | 39.0350 | 39.3342 |
| June | 39.7310 | 38.8558 | 39.2509 |
| July | 39.4417 | 38.6063 | 38.9412 |
| August | 39.5155 | 38.6792 | 39.0200 |
| September | 39.5021 | 38.1391 | 38.6363 |
| October | 38.6571 | 37.8912 | 38.2817 |
| November | 38.6196 | 37.6816 | 37.9598 |
| December | 38.7707 | 38.3002 | 38.6125 |