2023 PLN to IQD Historical Review

YEARLY HIGH

352.6960 IQD

YEARLY LOW

296.2435 IQD

YEARLY AVERAGE

323.7270 IQD

2023 PLN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 352.6960. Conversely, the yearly low was recorded on October 3, dropping to 296.2435.

This high-to-low spread represents a total annual volatility of 56.4525 IQD. From a start-to-finish perspective, comparing the January average rate of 336.7958 to the December average rate of 330.4813, the exchange rate registered a net change of -1.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 352.6960 was down 4.89% compared to the 2022 peak of 370.8200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 7,053,920 IQD

2022 Average 6,572,830 IQD

Yearly Trough Low 5,924,870 IQD

Transaction Impact: A difference of 1,129,050.01 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

346.8149

300.0842

JanuMarcMayJulySeptNove

PLN 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 329.3178, compared to 318.1361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.1817 points.

H1 Avg (Jan–Jun) 329.3178

H2 Avg (Jul–Dec) 318.1361

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 42.0297 IQD (High: 351.3746 / Low: 309.3449). On the other end, August was the most stable month, with a tight range of 9.5945 IQD (High: 325.4882 / Low: 315.8936).

May Spread (Volatile) ±42.0297

August Spread (Stable) ±9.5945

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 27.1820 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -27.1820

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 336.7958) against the same month in 2022 (average: 362.8117), the exchange rate shifted by -26.0159 (-7.17%).

2023 Avg (January) 336.7958

2022 Avg (January) 362.8117

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	352.6960	328.1838	336.7958
February	341.7333	325.0981	329.3294
March	340.7365	326.4437	332.6827
April	352.0227	312.4828	342.9206
May	351.3746	309.3449	315.7387
June	324.6670	311.8938	318.4398
July	331.5705	318.2376	325.6252
August	325.4882	315.8936	320.4794
September	316.1819	297.1659	303.9784
October	313.3475	296.2435	306.7082
November	333.3913	310.2141	321.5444
December	336.7606	325.2733	330.4813