2017 NZD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |