YEARLY HIGH
877.7674 IQD
YEARLY LOW
793.7307 IQD
YEARLY AVERAGE
833.9628 IQD

2017 NZD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 877.7674. Conversely, the yearly low was recorded on November 19, dropping to 793.7307.

This high-to-low spread represents a total annual volatility of 84.0368 IQD. From a start-to-finish perspective, comparing the January average rate of 840.9218 to the December average rate of 829.3548, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 877.7674 was up 1.11% compared to the 2016 peak of 868.1415, 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 4,388,837 IQD
2016 Average 3,975,905 IQD
Yearly Trough Low 3,968,653 IQD
Transaction Impact: A difference of 420,183.77 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

865.6336
797.9064
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 831.6438, compared to 836.2818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6379 points.

H1 Avg (Jan–Jun) 831.6438
H2 Avg (Jul–Dec) 836.2818

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 48.7825 IQD (High: 850.0294 / Low: 801.2469). On the other end, November was the most stable month, with a tight range of 16.6247 IQD (High: 810.3554 / Low: 793.7307).

October Spread (Volatile) ±48.7825
November Spread (Stable) ±16.6247

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 30.2093 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -30.2093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 859.9897) against the same month in 2016 (average: 834.1881), the exchange rate shifted by +25.8016 (+3.09%).

2017 Avg (July) 859.9897
2016 Avg (July) 834.1881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 859.6459 816.4702 840.9218
February 864.4141 843.0900 852.8925
March 837.7433 810.1663 822.6832
April 831.1406 804.1389 816.9799
May 827.7103 796.0702 812.2172
June 863.5648 823.6662 844.1687
July 877.7674 845.2131 859.9897
August 877.3323 834.5119 852.8498
September 859.6084 836.9837 849.1512
October 850.0294 801.2469 822.7949
November 810.3554 793.7307 803.5503
December 845.3535 811.1788 829.3548