YEARLY HIGH
11.4239 IQD
YEARLY LOW
10.7033 IQD
YEARLY AVERAGE
11.1417 IQD

2017 PKR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PKR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 11.4239. Conversely, the yearly low was recorded on December 29, dropping to 10.7033.

This high-to-low spread represents a total annual volatility of 0.7206 IQD. From a start-to-finish perspective, comparing the January average rate of 11.2834 to the December average rate of 10.9555, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.4239 was up 0.70% compared to the 2016 peak of 11.3439, 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 5,711,941 IQD
2016 Average 5,441,295 IQD
Yearly Trough Low 5,351,644 IQD
Transaction Impact: A difference of 360,297.08 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.3162
10.9227
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 11.2112, compared to 11.0723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1389 points.

H1 Avg (Jan–Jun) 11.2112
H2 Avg (Jul–Dec) 11.0723

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.6169 IQD (High: 11.3202 / Low: 10.7033). On the other end, October was the most stable month, with a tight range of 0.1060 IQD (High: 11.1641 / Low: 11.0581).

December Spread (Volatile) ±0.6169
October Spread (Stable) ±0.1060

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1297 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 11.2719) against the same month in 2016 (average: 10.4040), the exchange rate shifted by +0.8679 (+8.34%).

2017 Avg (February) 11.2719
2016 Avg (February) 10.4040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.3509 11.2300 11.2834
February 11.4239 11.2186 11.2719
March 11.2841 11.0991 11.2184
April 11.3030 11.1015 11.1720
May 11.2840 11.1028 11.1618
June 11.3024 11.0867 11.1596
July 11.2901 11.0205 11.1024
August 11.2775 11.0479 11.0973
September 11.2399 11.0548 11.1042
October 11.1641 11.0581 11.0892
November 11.2395 11.0201 11.0852
December 11.3202 10.7033 10.9555