2016 TOP to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TOP to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TOP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 531.5598. Conversely, the yearly low was recorded on February 7, dropping to 465.5237.
This high-to-low spread represents a total annual volatility of 66.0361 IQD. From a start-to-finish perspective, comparing the January average rate of 484.1616 to the December average rate of 516.3693, the exchange rate registered a net change of 6.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 531.5598 was down 11.44% compared to the 2015 peak of 600.1964, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
TOP 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 494.0153, compared to 518.0448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.0295 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 31.0558 IQD (High: 521.8929 / Low: 490.8371). On the other end, September was the most stable month, with a tight range of 4.9717 IQD (High: 520.8977 / Low: 515.9260).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 6.5494 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 518.3907) against the same month in 2015 (average: 497.7052), the exchange rate shifted by +20.6855 (+4.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 492.9607 | 474.3722 | 484.1616 |
| February | 485.0186 | 465.5237 | 478.2740 |
| March | 487.1544 | 479.2750 | 483.1552 |
| April | 501.0928 | 485.1496 | 491.7624 |
| May | 521.8929 | 490.8371 | 504.3500 |
| June | 530.1925 | 515.7131 | 522.3887 |
| July | 521.2742 | 509.6634 | 515.8393 |
| August | 520.3309 | 513.8870 | 516.1804 |
| September | 520.8977 | 515.9260 | 518.0039 |
| October | 528.4783 | 516.0689 | 523.4853 |
| November | 531.5598 | 506.9362 | 518.3907 |
| December | 527.2889 | 506.5432 | 516.3693 |