2016 SVC to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SVC to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SVC to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 135.4179. Conversely, the yearly low was recorded on February 28, dropping to 123.9616.
This high-to-low spread represents a total annual volatility of 11.4563 IQD. From a start-to-finish perspective, comparing the January average rate of 124.8606 to the December average rate of 134.4349, the exchange rate registered a net change of 7.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 135.4179 was down 2.13% compared to the 2015 peak of 138.3670, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SVC 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 127.2136, compared to 133.3827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1691 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 8.7451 IQD (High: 135.1946 / Low: 126.4495). On the other end, March was the most stable month, with a tight range of 0.5113 IQD (High: 124.8346 / Low: 124.3232).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.5082 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 134.1018) against the same month in 2015 (average: 135.3223), the exchange rate shifted by -1.2205 (-0.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 126.0071 | 124.0107 | 124.8606 |
| February | 124.9826 | 123.9616 | 124.5258 |
| March | 124.8346 | 124.3232 | 124.5607 |
| April | 126.6654 | 124.4493 | 125.3436 |
| May | 135.1946 | 126.4495 | 129.8892 |
| June | 135.4179 | 132.6279 | 134.1018 |
| July | 133.9841 | 133.1341 | 133.5936 |
| August | 133.7806 | 132.7878 | 133.3141 |
| September | 133.5782 | 132.8320 | 133.2124 |
| October | 133.6642 | 132.5350 | 133.0668 |
| November | 134.9068 | 131.6928 | 132.6745 |
| December | 135.3153 | 131.6349 | 134.4349 |