YEARLY HIGH
326.2779 IQD
YEARLY LOW
298.6384 IQD
YEARLY AVERAGE
312.9092 IQD

2016 QAR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 326.2779. Conversely, the yearly low was recorded on January 15, dropping to 298.6384.

This high-to-low spread represents a total annual volatility of 27.6395 IQD. From a start-to-finish perspective, comparing the January average rate of 299.8742 to the December average rate of 322.9945, the exchange rate registered a net change of 7.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 326.2779 was down 0.68% compared to the 2015 peak of 328.5092, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,631,390 IQD
2015 Average 1,599,752 IQD
Yearly Trough Low 1,493,192 IQD
Transaction Impact: A difference of 138,197.69 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

325.4014
296.5178
JanuMarcMayJulySeptNove

QAR 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 305.4585, compared to 320.3598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.9013 points.

H1 Avg (Jan–Jun) 305.4585
H2 Avg (Jul–Dec) 320.3598

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 20.6172 IQD (High: 324.6320 / Low: 304.0148). On the other end, February was the most stable month, with a tight range of 0.2857 IQD (High: 299.0711 / Low: 298.7854).

May Spread (Volatile) ±20.6172
February Spread (Stable) ±0.2857

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 1.1985 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1985

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 322.9945) against the same month in 2015 (average: 301.1703), the exchange rate shifted by +21.8242 (+7.25%).

2016 Avg (December) 322.9945
2015 Avg (December) 301.1703

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 302.6762 298.6384 299.8742
February 299.0711 298.7854 298.9338
March 299.0645 298.7739 298.9248
April 304.1286 298.8986 300.9948
May 324.6320 304.0148 311.9786
June 324.6775 318.0552 322.0448
July 321.2190 320.4596 320.8463
August 320.8030 319.3842 320.1974
September 320.7790 319.2386 319.9477
October 320.4575 318.8068 319.4376
November 324.1213 316.8944 318.7356
December 326.2779 315.5687 322.9945