YEARLY HIGH
11.3439 IQD
YEARLY LOW
10.3472 IQD
YEARLY AVERAGE
10.8810 IQD

2016 PKR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 11.3439. Conversely, the yearly low was recorded on January 31, dropping to 10.3472.

This high-to-low spread represents a total annual volatility of 0.9967 IQD. From a start-to-finish perspective, comparing the January average rate of 10.4096 to the December average rate of 11.2240, the exchange rate registered a net change of 7.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.3439 was down 4.22% compared to the 2015 peak of 11.8439, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 5,671,966 IQD
2015 Average 5,672,013 IQD
Yearly Trough Low 5,173,618 IQD
Transaction Impact: A difference of 498,347.24 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.3064
10.3176
JanuMarcMayJulySeptNove

PKR 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 10.6219, compared to 11.1401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5181 points.

H1 Avg (Jan–Jun) 10.6219
H2 Avg (Jul–Dec) 11.1401

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.7255 IQD (High: 11.2886 / Low: 10.5631). On the other end, March was the most stable month, with a tight range of 0.0389 IQD (High: 10.4235 / Low: 10.3847).

May Spread (Volatile) ±0.7255
March Spread (Stable) ±0.0389

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0609 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 11.2240) against the same month in 2015 (average: 10.4673), the exchange rate shifted by +0.7567 (+7.23%).

2016 Avg (December) 11.2240
2015 Avg (December) 10.4673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.5048 10.3472 10.4096
February 10.4420 10.3691 10.4040
March 10.4235 10.3847 10.4000
April 10.5742 10.3901 10.4647
May 11.2886 10.5631 10.8435
June 11.3172 11.0717 11.2096
July 11.1676 11.1174 11.1487
August 11.1767 11.0871 11.1362
September 11.1789 11.1023 11.1444
October 11.1561 11.0744 11.1157
November 11.2599 10.9869 11.0714
December 11.3439 10.9782 11.2240