YEARLY HIGH
306.3957 IQD
YEARLY LOW
271.7241 IQD
YEARLY AVERAGE
289.9568 IQD

2017 RON to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the RON to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 306.3957. Conversely, the yearly low was recorded on January 3, dropping to 271.7241.

This high-to-low spread represents a total annual volatility of 34.6716 IQD. From a start-to-finish perspective, comparing the January average rate of 278.7309 to the December average rate of 303.9903, the exchange rate registered a net change of 9.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 306.3957 was up 2.61% compared to the 2016 peak of 298.6071, 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 1,531,978 IQD
2016 Average 1,404,306 IQD
Yearly Trough Low 1,358,621 IQD
Transaction Impact: A difference of 173,357.75 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

306.7679
273.4369
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 280.2228, compared to 299.6908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.4680 points.

H1 Avg (Jan–Jun) 280.2228
H2 Avg (Jul–Dec) 299.6908

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 13.0922 IQD (High: 291.1681 / Low: 278.0759). On the other end, December was the most stable month, with a tight range of 5.3623 IQD (High: 306.1863 / Low: 300.8240).

May Spread (Volatile) ±13.0922
December Spread (Stable) ±5.3623

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 4.5047 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -4.5047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 303.5014) against the same month in 2016 (average: 293.5646), the exchange rate shifted by +9.9367 (+3.38%).

2017 Avg (September) 303.5014
2016 Avg (September) 293.5646

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 282.4388 271.7241 278.7309
February 282.4637 274.8626 278.5205
March 281.0043 271.8061 276.2145
April 283.4701 272.9882 276.9443
May 291.1681 278.0759 283.9907
June 295.8318 282.9011 286.9358
July 300.0817 288.7184 294.6307
August 305.9287 297.2081 301.1516
September 306.3957 298.0530 303.5014
October 303.4506 294.9179 298.9966
November 303.3444 291.7868 295.8744
December 306.1863 300.8240 303.9903