2016 TND to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TND to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TND to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 569.0206. Conversely, the yearly low was recorded on December 7, dropping to 500.7641.
This high-to-low spread represents a total annual volatility of 68.2565 IQD. From a start-to-finish perspective, comparing the January average rate of 534.5625 to the December average rate of 509.1183, the exchange rate registered a net change of -4.76% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 569.0206 was down 9.07% compared to the 2015 peak of 625.7750, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
TND 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 542.0472, compared to 521.0759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 20.9713 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 33.5548 IQD (High: 560.7072 / Low: 527.1524). On the other end, September was the most stable month, with a tight range of 3.5655 IQD (High: 530.4756 / Low: 526.9101).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 15.7358 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 553.6608) against the same month in 2015 (average: 613.4783), the exchange rate shifted by -59.8175 (-9.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 540.5601 | 529.9822 | 534.5625 |
| February | 544.1371 | 531.7600 | 538.2393 |
| March | 543.4625 | 530.6932 | 537.5629 |
| April | 552.3805 | 539.1664 | 544.4731 |
| May | 569.0206 | 537.1445 | 553.6608 |
| June | 560.7072 | 527.1524 | 543.7845 |
| July | 532.9921 | 522.4496 | 528.0486 |
| August | 533.3862 | 526.1888 | 529.4745 |
| September | 530.4756 | 526.9101 | 528.7034 |
| October | 528.5336 | 515.5282 | 520.4509 |
| November | 521.0539 | 501.9130 | 510.6597 |
| December | 516.2202 | 500.7641 | 509.1183 |