2023 SOS to IQD Historical Review

YEARLY HIGH

2.5905 IQD

YEARLY LOW

2.2851 IQD

YEARLY AVERAGE

2.3878 IQD

2023 SOS to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 2.5905. Conversely, the yearly low was recorded on October 28, dropping to 2.2851.

This high-to-low spread represents a total annual volatility of 0.3053 IQD. From a start-to-finish perspective, comparing the January average rate of 2.5667 to the December average rate of 2.2924, the exchange rate registered a net change of -10.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5905 was down 1.01% compared to the 2022 peak of 2.6169, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,952 IQD

2022 Average 12,685 IQD

Yearly Trough Low 11,426 IQD

Transaction Impact: A difference of 1,526.72 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5945

2.2647

JanuMarcMayJulySeptNove

SOS 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 2.4796, compared to 2.2961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1835 points.

H1 Avg (Jan–Jun) 2.4796

H2 Avg (Jul–Dec) 2.2961

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.2719 IQD (High: 2.5722 / Low: 2.3003). On the other end, February was the most stable month, with a tight range of 0.0036 IQD (High: 2.5681 / Low: 2.5645).

May Spread (Volatile) ±0.2719

February Spread (Stable) ±0.0036

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 April and May, when the average rate fell by 0.2337 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 2.5541) against the same month in 2022 (average: 2.5204), the exchange rate shifted by +0.0337 (+1.34%).

2023 Avg (April) 2.5541

2022 Avg (April) 2.5204

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5690	2.5635	2.5667
February	2.5681	2.5645	2.5670
March	2.5703	2.5402	2.5662
April	2.5905	2.3197	2.5541
May	2.5722	2.3003	2.3204
June	2.3052	2.2975	2.3029
July	2.3043	2.2983	2.3008
August	2.3176	2.2989	2.3009
September	2.3043	2.2898	2.2969
October	2.2977	2.2851	2.2932
November	2.2942	2.2901	2.2922
December	2.2954	2.2904	2.2924