YEARLY HIGH
90.8588 IQD
YEARLY LOW
82.7136 IQD
YEARLY AVERAGE
86.3908 IQD

2017 SCR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SCR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 90.8588. Conversely, the yearly low was recorded on November 15, dropping to 82.7136.

This high-to-low spread represents a total annual volatility of 8.1453 IQD. From a start-to-finish perspective, comparing the January average rate of 88.2723 to the December average rate of 85.4667, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 90.8588 was down 1.69% compared to the 2016 peak of 92.4219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 454,294 IQD
2016 Average 429,546 IQD
Yearly Trough Low 413,568 IQD
Transaction Impact: A difference of 40,726.30 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

88.6547
84.0658
JanuMarcMayJulySeptNove

SCR 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 87.2303, compared to 85.5513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6791 points.

H1 Avg (Jan–Jun) 87.2303
H2 Avg (Jul–Dec) 85.5513

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 5.5999 IQD (High: 90.8588 / Low: 85.2589). On the other end, May was the most stable month, with a tight range of 2.5996 IQD (High: 87.5472 / Low: 84.9476).

March Spread (Volatile) ±5.5999
May Spread (Stable) ±2.5996

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8058 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.8058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 87.2561) against the same month in 2016 (average: 81.9237), the exchange rate shifted by +5.3324 (+6.51%).

2017 Avg (March) 87.2561
2016 Avg (March) 81.9237

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 90.8404 86.7735 88.2723
February 89.4527 86.5548 87.8508
March 90.8588 85.2589 87.2561
April 89.6740 85.4221 86.9157
May 87.5472 84.9476 86.3431
June 89.1710 84.2466 86.7440
July 88.8631 84.3262 86.2155
August 88.4387 84.7695 85.9768
September 88.3429 84.8939 85.9463
October 87.9390 83.1662 85.2540
November 88.2389 82.7136 84.4482
December 89.2244 84.1753 85.4667