2023 RUB to IQD Historical Review

YEARLY HIGH

22.0549 IQD

YEARLY LOW

12.9131 IQD

YEARLY AVERAGE

16.1769 IQD

2023 RUB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 22.0549. Conversely, the yearly low was recorded on October 7, dropping to 12.9131.

This high-to-low spread represents a total annual volatility of 9.1419 IQD. From a start-to-finish perspective, comparing the January average rate of 20.8748 to the December average rate of 14.3958, the exchange rate registered a net change of -31.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.0549 was down 20.62% compared to the 2022 peak of 27.7849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110,275 IQD

2022 Average 108,268 IQD

Yearly Trough Low 64,565 IQD

Transaction Impact: A difference of 45,709.26 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.6125

12.7605

JanuMarcMayJulySeptNove

RUB 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 18.3555, compared to 13.9983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3572 points.

H1 Avg (Jan–Jun) 18.3555

H2 Avg (Jul–Dec) 13.9983

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 2.6864 IQD (High: 18.8324 / Low: 16.1460). On the other end, September was the most stable month, with a tight range of 0.5277 IQD (High: 13.8171 / Low: 13.2895).

April Spread (Volatile) ±2.6864

September Spread (Stable) ±0.5277

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.2669 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.2669

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 20.8748) against the same month in 2022 (average: 19.0667), the exchange rate shifted by +1.8081 (+9.48%).

2023 Avg (January) 20.8748

2022 Avg (January) 19.0667

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.0549	19.8100	20.8748
February	20.8692	19.1886	19.8672
March	19.4717	18.6936	19.0937
April	18.8324	16.1460	17.9177
May	18.2333	16.1092	16.6693
June	16.2616	14.7479	15.7105
July	14.7993	14.1740	14.4436
August	14.1796	13.0984	13.6712
September	13.8171	13.2895	13.5388
October	14.0873	12.9131	13.4982
November	14.8491	13.9935	14.4422
December	14.8064	14.1019	14.3958