2023 SVC to IQD Historical Review

YEARLY HIGH

169.1984 IQD

YEARLY LOW

148.5352 IQD

YEARLY AVERAGE

155.4271 IQD

2023 SVC to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 169.1984. Conversely, the yearly low was recorded on July 8, dropping to 148.5352.

This high-to-low spread represents a total annual volatility of 20.6632 IQD. From a start-to-finish perspective, comparing the January average rate of 166.8180 to the December average rate of 149.6361, the exchange rate registered a net change of -10.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 169.1984 was up 0.49% compared to the 2022 peak of 168.3697, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 845,992 IQD

2022 Average 834,101 IQD

Yearly Trough Low 742,676 IQD

Transaction Impact: A difference of 103,316.01 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

168.5561

147.9161

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 161.1683, compared to 149.6859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.4824 points.

H1 Avg (Jan–Jun) 161.1683

H2 Avg (Jul–Dec) 149.6859

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 18.4823 IQD (High: 169.1984 / Low: 150.7161). On the other end, January was the most stable month, with a tight range of 0.1476 IQD (High: 166.9168 / Low: 166.7692).

April Spread (Volatile) ±18.4823

January Spread (Stable) ±0.1476

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 15.1492 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -15.1492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 165.9965) against the same month in 2022 (average: 166.7583), the exchange rate shifted by -0.7618 (-0.46%).

2023 Avg (April) 165.9965

2022 Avg (April) 166.7583

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	166.9168	166.7692	166.8180
February	168.3611	165.2735	166.8133
March	167.2112	166.4626	166.8361
April	169.1984	150.7161	165.9965
May	167.2165	149.5967	150.8472
June	150.1422	148.7917	149.6989
July	151.1376	148.5352	149.7334
August	150.8538	148.5613	149.6835
September	149.8370	149.5549	149.6954
October	149.9130	149.5204	149.7269
November	149.9675	148.5822	149.6401
December	149.7433	148.9536	149.6361