YEARLY HIGH
145.6665 IQD
YEARLY LOW
124.4199 IQD
YEARLY AVERAGE
133.2179 IQD

2016 SEK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SEK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 145.6665. Conversely, the yearly low was recorded on November 19, dropping to 124.4199.

This high-to-low spread represents a total annual volatility of 21.2465 IQD. From a start-to-finish perspective, comparing the January average rate of 127.8763 to the December average rate of 127.6664, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 145.6665 was down 2.15% compared to the 2015 peak of 148.8619, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 728,332 IQD
2015 Average 690,981 IQD
Yearly Trough Low 622,100 IQD
Transaction Impact: A difference of 106,232.64 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

142.7310
125.7137
JanuMarcMayJulySeptNove

SEK 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 133.5172, compared to 132.9186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5986 points.

H1 Avg (Jan–Jun) 133.5172
H2 Avg (Jul–Dec) 132.9186

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 9.4734 IQD (High: 145.6665 / Low: 136.1931). On the other end, September was the most stable month, with a tight range of 2.4579 IQD (High: 138.0221 / Low: 135.5642).

June Spread (Volatile) ±9.4734
September Spread (Stable) ±2.4579

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 5.0327 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -5.0327

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 141.3129) against the same month in 2015 (average: 143.3147), the exchange rate shifted by -2.0018 (-1.40%).

2016 Avg (June) 141.3129
2015 Avg (June) 143.3147

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 130.4891 126.7202 127.8763
February 129.8104 127.0773 128.4880
March 133.8476 126.4327 130.4893
April 137.7402 133.3568 134.8769
May 142.4886 133.2834 138.0597
June 145.6665 136.1931 141.3129
July 138.5126 135.0737 136.4533
August 139.4001 136.0087 137.6181
September 138.0221 135.5642 136.4775
October 135.6519 128.7840 132.1645
November 130.0842 124.4199 127.1318
December 130.4525 125.3202 127.6664