YEARLY HIGH
18.0981 IQD
YEARLY LOW
15.5909 IQD
YEARLY AVERAGE
16.4714 IQD

2023 BTN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 18.0981. Conversely, the yearly low was recorded on November 4, dropping to 15.5909.

This high-to-low spread represents a total annual volatility of 2.5071 IQD. From a start-to-finish perspective, comparing the January average rate of 17.8404 to the December average rate of 15.7303, the exchange rate registered a net change of -11.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.0981 was down 8.48% compared to the 2022 peak of 19.7740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90,490 IQD
2022 Average 92,990 IQD
Yearly Trough Low 77,955 IQD
Transaction Impact: A difference of 12,535.70 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.0525
15.5072
JanuMarcMayJulySeptNove

BTN 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 17.1553, compared to 15.7875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3678 points.

H1 Avg (Jan–Jun) 17.1553
H2 Avg (Jul–Dec) 15.7875

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 2.0848 IQD (High: 18.0981 / Low: 16.0132). On the other end, October was the most stable month, with a tight range of 0.0404 IQD (High: 15.7660 / Low: 15.7255).

April Spread (Volatile) ±2.0848
October Spread (Stable) ±0.0404

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.6833 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.6833

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 17.7175) against the same month in 2022 (average: 19.1682), the exchange rate shifted by -1.4507 (-7.57%).

2023 Avg (April) 17.7175
2022 Avg (April) 19.1682

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.9839 17.6040 17.8404
February 17.8361 17.4635 17.6744
March 17.8963 17.6351 17.7307
April 18.0981 16.0132 17.7175
May 17.8830 15.8187 16.0342
June 16.0195 15.8444 15.9348
July 16.0125 15.8219 15.9392
August 15.9337 15.7094 15.8158
September 15.8390 15.7327 15.7762
October 15.7660 15.7255 15.7443
November 15.7667 15.5909 15.7193
December 15.7829 15.6666 15.7303