YEARLY HIGH
96.8243 IQD
YEARLY LOW
80.3557 IQD
YEARLY AVERAGE
88.2117 IQD

2017 SZL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SZL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 96.8243. Conversely, the yearly low was recorded on November 13, dropping to 80.3557.

This high-to-low spread represents a total annual volatility of 16.4686 IQD. From a start-to-finish perspective, comparing the January average rate of 87.1585 to the December average rate of 90.6924, the exchange rate registered a net change of 4.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 96.8243 was up 10.71% compared to the 2016 peak of 87.4543, 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 484,122 IQD
2016 Average 389,323 IQD
Yearly Trough Low 401,779 IQD
Transaction Impact: A difference of 82,342.96 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

91.8187
81.8774
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 88.9417, compared to 87.4816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4602 points.

H1 Avg (Jan–Jun) 88.9417
H2 Avg (Jul–Dec) 87.4816

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 10.6135 IQD (High: 96.8243 / Low: 86.2108). On the other end, January was the most stable month, with a tight range of 3.2741 IQD (High: 88.9250 / Low: 85.6509).

December Spread (Volatile) ±10.6135
January Spread (Stable) ±3.2741

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 3.9706 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.9706

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 90.6924) against the same month in 2016 (average: 84.7480), the exchange rate shifted by +5.9444 (+7.01%).

2017 Avg (December) 90.6924
2016 Avg (December) 84.7480

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 88.9250 85.6509 87.1585
February 91.7042 87.5315 89.4777
March 94.2150 87.3139 90.9903
April 91.3347 84.3894 87.0197
May 91.0969 85.5650 88.2682
June 93.1599 89.3566 90.7361
July 91.3729 86.7016 88.8580
August 90.4005 86.4182 88.1867
September 91.5280 85.9198 89.1307
October 88.1124 82.2951 85.3158
November 86.3776 80.3557 82.7058
December 96.8243 86.2108 90.6924