2016 TRY to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TRY to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TRY to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 408.3214. Conversely, the yearly low was recorded on December 4, dropping to 327.9929.
This high-to-low spread represents a total annual volatility of 80.3286 IQD. From a start-to-finish perspective, comparing the January average rate of 363.9067 to the December average rate of 335.7475, the exchange rate registered a net change of -7.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 408.3214 was down 20.15% compared to the 2015 peak of 511.3531, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
TRY 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 381.0137, compared to 374.5128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.5009 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 37.7408 IQD (High: 373.9767 / Low: 336.2360). On the other end, February was the most stable month, with a tight range of 9.2577 IQD (High: 373.1843 / Low: 363.9266).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 26.0323 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 402.2078) against the same month in 2015 (average: 439.1030), the exchange rate shifted by -36.8952 (-8.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 377.3230 | 356.9799 | 363.9067 |
| February | 373.1843 | 363.9266 | 369.6467 |
| March | 385.6624 | 369.7530 | 377.7756 |
| April | 395.5827 | 380.7232 | 386.5228 |
| May | 401.8684 | 371.3848 | 386.0229 |
| June | 408.3214 | 395.0887 | 402.2078 |
| July | 405.2166 | 380.8101 | 393.5141 |
| August | 398.8618 | 387.9793 | 393.7952 |
| September | 398.2572 | 387.8113 | 392.6175 |
| October | 387.4374 | 374.7404 | 378.7175 |
| November | 373.9767 | 336.2360 | 352.6852 |
| December | 342.9505 | 327.9929 | 335.7475 |