YEARLY HIGH
878.5774 IQD
YEARLY LOW
754.7050 IQD
YEARLY AVERAGE
825.5924 IQD

2016 SGD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 878.5774. Conversely, the yearly low was recorded on January 10, dropping to 754.7050.

This high-to-low spread represents a total annual volatility of 123.8724 IQD. From a start-to-finish perspective, comparing the January average rate of 762.7639 to the December average rate of 818.6809, the exchange rate registered a net change of 7.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 878.5774 was down 2.46% compared to the 2015 peak of 900.7360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,392,887 IQD
2015 Average 4,241,022 IQD
Yearly Trough Low 3,773,525 IQD
Transaction Impact: A difference of 619,361.84 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

876.2803
752.4442
JanuMarcMayJulySeptNove

SGD 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 806.2554, compared to 844.9295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 38.6740 points.

H1 Avg (Jan–Jun) 806.2554
H2 Avg (Jul–Dec) 844.9295

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 54.9077 IQD (High: 858.5102 / Low: 803.6024). On the other end, July was the most stable month, with a tight range of 11.3054 IQD (High: 870.9211 / Low: 859.6157).

May Spread (Volatile) ±54.9077
July Spread (Stable) ±11.3054

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 18.7104 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -18.7104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 865.9606) against the same month in 2015 (average: 879.8842), the exchange rate shifted by -13.9236 (-1.58%).

2016 Avg (June) 865.9606
2015 Avg (June) 879.8842

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 776.8356 754.7050 762.7639
February 783.1633 762.2440 774.8720
March 806.9693 776.5007 793.5666
April 825.4738 800.5533 811.5185
May 858.5102 803.6024 828.8510
June 878.5774 855.3524 865.9606
July 870.9211 859.6157 865.6920
August 871.6730 853.2067 864.8527
September 864.4983 851.7198 856.9322
October 852.8831 834.4659 841.0647
November 839.1609 808.3215 822.3543
December 829.9789 810.9056 818.6809