YEARLY HIGH
24.0197 IQD
YEARLY LOW
22.5079 IQD
YEARLY AVERAGE
23.2873 IQD

2017 PHP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PHP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 24.0197. Conversely, the yearly low was recorded on October 24, dropping to 22.5079.

This high-to-low spread represents a total annual volatility of 1.5118 IQD. From a start-to-finish perspective, comparing the January average rate of 23.7360 to the December average rate of 23.6711, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 24.0197 was down 6.57% compared to the 2016 peak of 25.7083, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 6,004,925 IQD
2016 Average 6,000,464 IQD
Yearly Trough Low 5,626,980 IQD
Transaction Impact: A difference of 377,945.32 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

23.8365
22.6307
JanuMarcMayJulySeptNove

PHP 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 23.5302, compared to 23.0444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4858 points.

H1 Avg (Jan–Jun) 23.5302
H2 Avg (Jul–Dec) 23.0444

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.9245 IQD (High: 23.5140 / Low: 22.5895). On the other end, March was the most stable month, with a tight range of 0.3973 IQD (High: 23.5696 / Low: 23.1723).

August Spread (Volatile) ±0.9245
March Spread (Stable) ±0.3973

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.3803 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3803

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 23.7360) against the same month in 2016 (average: 22.9827), the exchange rate shifted by +0.7533 (+3.28%).

2017 Avg (January) 23.7360
2016 Avg (January) 22.9827

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.0197 23.5034 23.7360
February 23.9362 23.3601 23.6336
March 23.5696 23.1723 23.3897
April 23.8641 23.1928 23.5141
May 23.7480 23.2915 23.4698
June 23.8651 23.0294 23.4379
July 23.3760 22.7485 23.0576
August 23.5140 22.5895 22.9074
September 23.2659 22.7211 22.9780
October 23.1235 22.5079 22.7311
November 23.5536 22.6709 22.9211
December 23.9065 23.4398 23.6711