YEARLY HIGH
408.3214 IQD
YEARLY LOW
327.9929 IQD
YEARLY AVERAGE
377.7633 IQD

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.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 20,416,072 IQD
2015 Average 21,512,915 IQD
Yearly Trough Low 16,399,644 IQD
Transaction Impact: A difference of 4,016,428.37 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

408.8538
329.1015
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 381.0137
H2 Avg (Jul–Dec) 374.5128

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±37.7408
February Spread (Stable) ±9.2577

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -26.0323

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (June) 402.2078
2015 Avg (June) 439.1030

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