2016 THB to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 THB to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the THB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 33.7419. Conversely, the yearly low was recorded on January 15, dropping to 29.9320.
This high-to-low spread represents a total annual volatility of 3.8100 IQD. From a start-to-finish perspective, comparing the January average rate of 30.2267 to the December average rate of 32.8662, the exchange rate registered a net change of 8.73% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 33.7419 was down 8.52% compared to the 2015 peak of 36.8862, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
THB to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 31.3748, compared to 33.2263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8516 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 2.0246 IQD (High: 33.1386 / Low: 31.1140). On the other end, September was the most stable month, with a tight range of 0.3969 IQD (High: 33.7419 / Low: 33.3450).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3763 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2016: 33.5483) against the same month in 2015 (average: 32.4809), the exchange rate shifted by +1.0674 (+3.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.5638 | 29.9320 | 30.2267 |
| February | 30.8610 | 30.3941 | 30.5569 |
| March | 31.2681 | 30.5595 | 30.9307 |
| April | 31.7407 | 30.8638 | 31.2439 |
| May | 33.1386 | 31.1140 | 32.0591 |
| June | 33.6137 | 32.7666 | 33.2313 |
| July | 33.5743 | 33.1258 | 33.3549 |
| August | 33.7250 | 33.2995 | 33.5635 |
| September | 33.7419 | 33.3450 | 33.5483 |
| October | 33.5958 | 32.6236 | 33.2007 |
| November | 33.2602 | 32.4414 | 32.8243 |
| December | 33.1925 | 32.2713 | 32.8662 |