YEARLY HIGH
87.4543 IQD
YEARLY LOW
64.6333 IQD
YEARLY AVERAGE
77.8357 IQD

2016 SZL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SZL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 87.4543. Conversely, the yearly low was recorded on January 18, dropping to 64.6333.

This high-to-low spread represents a total annual volatility of 22.8210 IQD. From a start-to-finish perspective, comparing the January average rate of 67.1469 to the December average rate of 84.7480, the exchange rate registered a net change of 26.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 87.4543 was down 16.34% compared to the 2015 peak of 104.5312, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 437,271 IQD
2015 Average 459,804 IQD
Yearly Trough Low 323,167 IQD
Transaction Impact: A difference of 114,104.91 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

86.6224
65.3764
JanuMarcMayJulySeptNove

SZL 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 72.3225, compared to 83.3490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.0265 points.

H1 Avg (Jan–Jun) 72.3225
H2 Avg (Jul–Dec) 83.3490

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 7.4189 IQD (High: 78.0296 / Low: 70.6107). On the other end, December was the most stable month, with a tight range of 3.8780 IQD (High: 86.5202 / Low: 82.6422).

May Spread (Volatile) ±7.4189
December Spread (Stable) ±3.8780

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.0616 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0616

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 84.8519) against the same month in 2015 (average: 89.9400), the exchange rate shifted by -5.0881 (-5.66%).

2016 Avg (August) 84.8519
2015 Avg (August) 89.9400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 71.0709 64.6333 67.1469
February 71.3781 67.3617 68.9023
March 73.5172 68.8330 70.8527
April 77.8764 71.4341 75.0293
May 78.0296 70.6107 74.2330
June 80.6633 75.4954 77.7711
July 83.6970 79.0340 81.1562
August 87.4543 80.5317 84.8519
September 85.9430 79.5643 82.7903
October 85.8661 81.2497 83.5030
November 86.9457 79.6140 83.0444
December 86.5202 82.6422 84.7480