YEARLY HIGH
868.1415 IQD
YEARLY LOW
696.3827 IQD
YEARLY AVERAGE
795.0052 IQD

2016 NZD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 868.1415. Conversely, the yearly low was recorded on January 19, dropping to 696.3827.

This high-to-low spread represents a total annual volatility of 171.7587 IQD. From a start-to-finish perspective, comparing the January average rate of 714.8267 to the December average rate of 826.2338, the exchange rate registered a net change of 15.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 868.1415 was down 6.35% compared to the 2015 peak of 926.9739, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,340,707 IQD
2015 Average 4,081,037 IQD
Yearly Trough Low 3,481,914 IQD
Transaction Impact: A difference of 858,793.73 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

864.5972
701.2112
JanuMarcMayJulySeptNove

NZD 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 754.0635, compared to 835.9469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 81.8834 points.

H1 Avg (Jan–Jun) 754.0635
H2 Avg (Jul–Dec) 835.9469

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 56.6124 IQD (High: 752.9951 / Low: 696.3827). On the other end, August was the most stable month, with a tight range of 20.7601 IQD (High: 851.5777 / Low: 830.8176).

January Spread (Volatile) ±56.6124
August Spread (Stable) ±20.7601

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 18.0349 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -18.0349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 850.9817) against the same month in 2015 (average: 741.2675), the exchange rate shifted by +109.7142 (+14.80%).

2016 Avg (September) 850.9817
2015 Avg (September) 741.2675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 752.9951 696.3827 714.8267
February 732.1655 709.6524 722.3773
March 753.2019 719.3667 734.5375
April 779.8379 737.8109 755.0471
May 797.7370 747.8950 771.6582
June 842.0281 803.6780 825.9341
July 853.4792 814.8976 834.1881
August 851.5777 830.8176 842.3340
September 868.1415 842.6619 850.9817
October 847.9825 817.3921 832.9468
November 853.8472 806.8841 828.9970
December 850.5650 811.6819 826.2338