2023 SDG to IQD Historical Review

YEARLY HIGH

2.5667 IQD

YEARLY LOW

2.1616 IQD

YEARLY AVERAGE

2.2814 IQD

2023 SDG to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 2.5667. Conversely, the yearly low was recorded on August 5, dropping to 2.1616.

This high-to-low spread represents a total annual volatility of 0.4050 IQD. From a start-to-finish perspective, comparing the January average rate of 2.5306 to the December average rate of 2.1808, the exchange rate registered a net change of -13.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5667 was down 23.17% compared to the 2022 peak of 3.3410, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,833 IQD

2022 Average 14,836 IQD

Yearly Trough Low 10,808 IQD

Transaction Impact: A difference of 2,025.23 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5659

2.1418

JanuMarcMayJulySeptNove

SDG 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 2.3832, compared to 2.1796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2036 points.

H1 Avg (Jan–Jun) 2.3832

H2 Avg (Jul–Dec) 2.1796

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.3517 IQD (High: 2.5502 / Low: 2.1985). On the other end, September was the most stable month, with a tight range of 0.0125 IQD (High: 2.1819 / Low: 2.1694).

April Spread (Volatile) ±0.3517

September Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2283 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.4724) against the same month in 2022 (average: 3.2684), the exchange rate shifted by -0.7960 (-24.36%).

2023 Avg (March) 2.4724

2022 Avg (March) 3.2684

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5655	2.5012	2.5306
February	2.5246	2.4726	2.4929
March	2.5667	2.4247	2.4724
April	2.5502	2.1985	2.4268
May	2.4411	2.1752	2.1985
June	2.1863	2.1644	2.1783
July	2.1837	2.1639	2.1771
August	2.1946	2.1616	2.1779
September	2.1819	2.1694	2.1780
October	2.1841	2.1683	2.1786
November	2.3977	2.1637	2.1853
December	2.1915	2.1779	2.1808