YEARLY HIGH
17.5591 STD
YEARLY LOW
15.4941 STD
YEARLY AVERAGE
16.6572 STD

2023 IQD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 17.5591. Conversely, the yearly low was recorded on February 5, dropping to 15.4941.

This high-to-low spread represents a total annual volatility of 2.0650 STD. From a start-to-finish perspective, comparing the January average rate of 15.6361 to the December average rate of 17.0003, the exchange rate registered a net change of 8.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.5591 was up 8.21% compared to the 2022 peak of 16.2263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 87,795 STD
2022 Average 75,944 STD
Yearly Trough Low 77,470 STD
Transaction Impact: A difference of 10,324.90 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.6069
15.4562
JanuMarcMayJulySeptNove

IQD to STD 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 16.2353, compared to 17.0791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8439 points.

H1 Avg (Jan–Jun) 16.2353
H2 Avg (Jul–Dec) 17.0791

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.8553 STD (High: 17.4775 / Low: 15.6222). On the other end, January was the most stable month, with a tight range of 0.0673 STD (High: 15.6908 / Low: 15.6235).

May Spread (Volatile) ±1.8553
January Spread (Stable) ±0.0673

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3748 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3748

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 17.3881) against the same month in 2022 (average: 15.2759), the exchange rate shifted by +2.1122 (+13.83%).

2023 Avg (July) 17.3881
2022 Avg (July) 15.2759

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.6908 15.6235 15.6361
February 15.7790 15.4941 15.6354
March 15.8602 15.6220 15.6587
April 17.3440 15.6222 15.7411
May 17.4775 15.6222 17.3127
June 17.5312 17.3706 17.4277
July 17.5591 17.0029 17.3881
August 17.1368 16.8794 17.0132
September 17.0753 16.9775 17.0151
October 17.0844 16.9838 17.0201
November 17.1491 16.9985 17.0382
December 17.0233 16.9172 17.0003