YEARLY HIGH
298.6071 IQD
YEARLY LOW
259.0963 IQD
YEARLY AVERAGE
280.8475 IQD

2016 RON to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RON to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 298.6071. Conversely, the yearly low was recorded on January 31, dropping to 259.0963.

This high-to-low spread represents a total annual volatility of 39.5108 IQD. From a start-to-finish perspective, comparing the January average rate of 261.8317 to the December average rate of 274.3491, the exchange rate registered a net change of 4.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 298.6071 was down 4.70% compared to the 2015 peak of 313.3215, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,493,035 IQD
2015 Average 1,455,192 IQD
Yearly Trough Low 1,295,482 IQD
Transaction Impact: A difference of 197,553.81 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

296.7379
258.6585
JanuMarcMayJulySeptNove

RON 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 276.2301, compared to 285.4649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.2349 points.

H1 Avg (Jan–Jun) 276.2301
H2 Avg (Jul–Dec) 285.4649

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 16.5031 IQD (High: 293.3850 / Low: 276.8819). On the other end, September was the most stable month, with a tight range of 3.2213 IQD (High: 295.1639 / Low: 291.9425).

May Spread (Volatile) ±16.5031
September Spread (Stable) ±3.2213

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 7.9371 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -7.9371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 291.4734) against the same month in 2015 (average: 297.4238), the exchange rate shifted by -5.9503 (-2.00%).

2016 Avg (June) 291.4734
2015 Avg (June) 297.4238

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 265.2828 259.0963 261.8317
February 274.8204 261.4450 269.6818
March 276.8236 264.9286 271.4011
April 282.8075 274.4315 277.8663
May 293.3850 276.8819 285.1260
June 298.6071 283.7399 291.4734
July 292.4490 285.7914 288.3721
August 295.7001 290.2663 292.9699
September 295.1639 291.9425 293.5646
October 294.0168 281.2594 285.7354
November 287.1972 270.7594 277.7984
December 279.2816 270.5257 274.3491