YEARLY HIGH
591.0591 IQD
YEARLY LOW
543.7283 IQD
YEARLY AVERAGE
569.6190 IQD

2016 BBD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BBD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 591.0591. Conversely, the yearly low was recorded on January 15, dropping to 543.7283.

This high-to-low spread represents a total annual volatility of 47.3308 IQD. From a start-to-finish perspective, comparing the January average rate of 546.0035 to the December average rate of 587.2746, the exchange rate registered a net change of 7.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 591.0591 was down 1.16% compared to the 2015 peak of 598.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,955,295 IQD
2015 Average 2,912,413 IQD
Yearly Trough Low 2,718,642 IQD
Transaction Impact: A difference of 236,653.85 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

591.5746
539.9750
JanuMarcMayJulySeptNove

BBD 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 556.1080, compared to 583.1301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.0221 points.

H1 Avg (Jan–Jun) 556.1080
H2 Avg (Jul–Dec) 583.1301

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 37.5645 IQD (High: 591.0591 / Low: 553.4946). On the other end, March was the most stable month, with a tight range of 0.0000 IQD (High: 544.2750 / Low: 544.2750).

May Spread (Volatile) ±37.5645
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 2.0473 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 567.9032) against the same month in 2015 (average: 592.9268), the exchange rate shifted by -25.0236 (-4.22%).

2016 Avg (May) 567.9032
2015 Avg (May) 592.9268

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 551.2192 543.7283 546.0035
February 544.2750 544.2750 544.2750
March 544.2750 544.2750 544.2750
April 553.6053 544.2750 547.9850
May 591.0591 553.4946 567.9032
June 590.8091 579.4170 586.2061
July 584.8415 583.4416 584.1589
August 584.1084 581.4081 582.9201
September 584.0584 581.1919 582.5128
October 583.4416 580.4420 581.6132
November 590.0590 576.9423 580.3011
December 590.5590 574.5575 587.2746