2023 PYG to IQD Historical Review

YEARLY HIGH

0.2052 IQD

YEARLY LOW

0.1740 IQD

YEARLY AVERAGE

0.1866 IQD

2023 PYG to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.2052. Conversely, the yearly low was recorded on November 4, dropping to 0.1740.

This high-to-low spread represents a total annual volatility of 0.0313 IQD. From a start-to-finish perspective, comparing the January average rate of 0.1979 to the December average rate of 0.1781, the exchange rate registered a net change of -9.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2052 was down 4.59% compared to the 2022 peak of 0.2151, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,026 IQD

2022 Average 1,046 IQD

Yearly Trough Low 870 IQD

Transaction Impact: A difference of 156.34 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2055

0.1732

JanuMarcMayJulySeptNove

PYG 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 0.1945, compared to 0.1786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0159 points.

H1 Avg (Jan–Jun) 0.1945

H2 Avg (Jul–Dec) 0.1786

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0216 IQD (High: 0.2025 / Low: 0.1809). On the other end, September was the most stable month, with a tight range of 0.0012 IQD (High: 0.1805 / Low: 0.1793).

May Spread (Volatile) ±0.0216

September Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0195 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.2027) against the same month in 2022 (average: 0.2125), the exchange rate shifted by -0.0099 (-4.64%).

2023 Avg (April) 0.2027

2022 Avg (April) 0.2125

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2001	0.1962	0.1979
February	0.2007	0.1983	0.1999
March	0.2043	0.1999	0.2028
April	0.2052	0.1845	0.2027
May	0.2025	0.1809	0.1832
June	0.1816	0.1798	0.1806
July	0.1817	0.1796	0.1802
August	0.1818	0.1784	0.1801
September	0.1805	0.1793	0.1800
October	0.1797	0.1753	0.1776
November	0.1765	0.1740	0.1759
December	0.1797	0.1760	0.1781