2023 SLL to IQD Historical Review

YEARLY HIGH

0.0834 IQD

YEARLY LOW

0.0620 IQD

YEARLY AVERAGE

0.0720 IQD

2023 SLL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0834. Conversely, the yearly low was recorded on November 4, dropping to 0.0620.

This high-to-low spread represents a total annual volatility of 0.0214 IQD. From a start-to-finish perspective, comparing the January average rate of 0.0826 to the December average rate of 0.0625, the exchange rate registered a net change of -24.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0834 was down 35.56% compared to the 2022 peak of 0.1294, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 417 IQD

2022 Average 544 IQD

Yearly Trough Low 310 IQD

Transaction Impact: A difference of 107.14 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0847

0.0603

JanuMarcMayJulySeptNove

SLL 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 0.0798, compared to 0.0641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 0.0798

H2 Avg (Jul–Dec) 0.0641

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0120 IQD (High: 0.0742 / Low: 0.0622). On the other end, January was the most stable month, with a tight range of 0.0004 IQD (High: 0.0827 / Low: 0.0823).

July Spread (Volatile) ±0.0120

January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0101 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0826) against the same month in 2022 (average: 0.1274), the exchange rate shifted by -0.0448 (-35.14%).

2023 Avg (February) 0.0826

2022 Avg (February) 0.1274

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0827	0.0823	0.0826
February	0.0834	0.0819	0.0826
March	0.0827	0.0815	0.0825
April	0.0827	0.0745	0.0821
May	0.0827	0.0739	0.0747
June	0.0744	0.0737	0.0741
July	0.0742	0.0622	0.0726
August	0.0630	0.0620	0.0625
September	0.0626	0.0622	0.0624
October	0.0626	0.0622	0.0624
November	0.0625	0.0620	0.0624
December	0.0628	0.0624	0.0625