YEARLY HIGH
369.9542 IQD
YEARLY LOW
342.7384 IQD
YEARLY AVERAGE
359.8128 IQD

2017 PEN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 369.9542. Conversely, the yearly low was recorded on November 2, dropping to 342.7384.

This high-to-low spread represents a total annual volatility of 27.2158 IQD. From a start-to-finish perspective, comparing the January average rate of 353.7213 to the December average rate of 366.8547, the exchange rate registered a net change of 3.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 369.9542 was up 3.23% compared to the 2016 peak of 358.3718, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,849,771 IQD
2016 Average 1,689,639 IQD
Yearly Trough Low 1,713,692 IQD
Transaction Impact: A difference of 136,079.19 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

368.1680
352.4080
JanuMarcMayJulySeptNove

PEN 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 358.6540, compared to 360.9715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3174 points.

H1 Avg (Jan–Jun) 358.6540
H2 Avg (Jul–Dec) 360.9715

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 23.3680 IQD (High: 366.1064 / Low: 342.7384). On the other end, October was the most stable month, with a tight range of 6.1572 IQD (High: 362.1002 / Low: 355.9431).

November Spread (Volatile) ±23.3680
October Spread (Stable) ±6.1572

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.0807 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.0807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 366.8547) against the same month in 2016 (average: 346.2781), the exchange rate shifted by +20.5766 (+5.94%).

2017 Avg (December) 366.8547
2016 Avg (December) 346.2781

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 360.0366 346.2499 353.7213
February 367.2519 357.8647 362.5781
March 364.7018 354.5084 360.0272
April 365.2410 356.8821 360.4322
May 364.3650 354.2934 357.3516
June 363.6238 355.0868 357.8139
July 364.6969 355.6464 359.3977
August 365.2369 357.1715 360.0992
September 365.4971 356.3775 360.8430
October 362.1002 355.9431 359.1092
November 366.1064 342.7384 359.5252
December 369.9542 362.0242 366.8547