YEARLY HIGH
25.7083 IQD
YEARLY LOW
22.6685 IQD
YEARLY AVERAGE
23.9983 IQD

2016 PHP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PHP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 25.7083. Conversely, the yearly low was recorded on January 26, dropping to 22.6685.

This high-to-low spread represents a total annual volatility of 3.0398 IQD. From a start-to-finish perspective, comparing the January average rate of 22.9827 to the December average rate of 23.6270, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 25.7083 was down 4.96% compared to the 2015 peak of 27.0503, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 6,427,065 IQD
2015 Average 6,404,279 IQD
Yearly Trough Low 5,667,124 IQD
Transaction Impact: A difference of 759,941.23 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

25.4754
22.6240
JanuMarcMayJulySeptNove

PHP 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 23.7259, compared to 24.2707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5448 points.

H1 Avg (Jan–Jun) 23.7259
H2 Avg (Jul–Dec) 24.2707

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 1.9208 IQD (High: 25.3201 / Low: 23.3993). On the other end, February was the most stable month, with a tight range of 0.1934 IQD (High: 22.9403 / Low: 22.7470).

May Spread (Volatile) ±1.9208
February Spread (Stable) ±0.1934

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 August and September, when the average rate fell by 0.4999 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4999

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 25.2378) against the same month in 2015 (average: 26.2823), the exchange rate shifted by -1.0446 (-3.97%).

2016 Avg (June) 25.2378
2015 Avg (June) 26.2823

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.4562 22.6685 22.9827
February 22.9403 22.7470 22.8616
March 23.6728 23.0139 23.3674
April 24.0024 23.5217 23.6443
May 25.3201 23.3993 24.2617
June 25.7083 24.6596 25.2378
July 25.0165 24.6803 24.8348
August 25.1922 24.8270 25.0120
September 25.0615 24.0407 24.5121
October 24.2844 23.9017 24.0602
November 24.0708 23.2020 23.5782
December 23.9575 23.1431 23.6270