2016 SRD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SRD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SRD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 276.1273. Conversely, the yearly low was recorded on September 21, dropping to 149.9410.
This high-to-low spread represents a total annual volatility of 126.1863 IQD. From a start-to-finish perspective, comparing the January average rate of 273.5146 to the December average rate of 159.7078, the exchange rate registered a net change of -41.61% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 276.1273 was down 24.16% compared to the 2015 peak of 364.1039, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SRD to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 231.7365, compared to 160.8577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 70.8789 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 27.0293 IQD (High: 209.0813 / Low: 182.0519). On the other end, February was the most stable month, with a tight range of 0.3419 IQD (High: 272.9906 / Low: 272.6487).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 66.6005 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 273.5146) against the same month in 2015 (average: 354.7242), the exchange rate shifted by -81.2096 (-22.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 276.1273 | 272.3749 | 273.5146 |
| February | 272.9906 | 272.6487 | 272.6841 |
| March | 273.8216 | 272.6487 | 272.8126 |
| April | 214.5140 | 193.8091 | 206.2121 |
| May | 209.0813 | 182.0519 | 195.2581 |
| June | 183.8132 | 165.0408 | 169.9377 |
| July | 166.0750 | 164.5814 | 165.4532 |
| August | 165.6316 | 157.9377 | 162.2544 |
| September | 162.6337 | 149.9410 | 155.4523 |
| October | 170.3482 | 151.7501 | 161.2880 |
| November | 167.5617 | 157.9005 | 160.9902 |
| December | 161.4881 | 156.8543 | 159.7078 |