YEARLY HIGH
890.3649 IQD
YEARLY LOW
813.2387 IQD
YEARLY AVERAGE
849.8593 IQD

2017 SGD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 890.3649. Conversely, the yearly low was recorded on January 2, dropping to 813.2387.

This high-to-low spread represents a total annual volatility of 77.1262 IQD. From a start-to-finish perspective, comparing the January average rate of 825.9451 to the December average rate of 884.2066, the exchange rate registered a net change of 7.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 890.3649 was up 1.34% compared to the 2016 peak of 878.5774, 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 4,451,825 IQD
2016 Average 4,128,605 IQD
Yearly Trough Low 4,066,194 IQD
Transaction Impact: A difference of 385,630.89 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

890.0327
820.1189
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 836.2676, compared to 863.4509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.1834 points.

H1 Avg (Jan–Jun) 836.2676
H2 Avg (Jul–Dec) 863.4509

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 26.4604 IQD (High: 852.1451 / Low: 825.6846). On the other end, December was the most stable month, with a tight range of 13.7854 IQD (High: 890.3649 / Low: 876.5795).

May Spread (Volatile) ±26.4604
December Spread (Stable) ±13.7854

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 8.7688 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -8.7688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 884.2066) against the same month in 2016 (average: 818.6809), the exchange rate shifted by +65.5257 (+8.00%).

2017 Avg (December) 884.2066
2016 Avg (December) 818.6809

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 834.9599 813.2387 825.9451
February 842.9237 828.7302 835.2521
March 847.9219 825.7036 835.9511
April 848.0464 831.7334 837.7535
May 852.1451 825.6846 838.4351
June 858.9835 836.9644 844.2686
July 864.0349 841.4496 851.6130
August 869.4086 851.3980 857.7612
September 876.2093 857.6806 867.6174
October 871.3024 852.4938 858.8486
November 877.6467 854.1134 860.6587
December 890.3649 876.5795 884.2066