YEARLY HIGH
345.0880 IQD
YEARLY LOW
293.1186 IQD
YEARLY AVERAGE
322.1053 IQD

2017 TRY to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TRY to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 2, valuing the pair at 345.0880. Conversely, the yearly low was recorded on November 25, dropping to 293.1186.

This high-to-low spread represents a total annual volatility of 51.9695 IQD. From a start-to-finish perspective, comparing the January average rate of 315.7355 to the December average rate of 310.1188, the exchange rate registered a net change of -1.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 345.0880 was down 15.49% compared to the 2016 peak of 408.3214, 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 17,254,400 IQD
2016 Average 18,887,243 IQD
Yearly Trough Low 14,655,928 IQD
Transaction Impact: A difference of 2,598,472.58 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

341.3148
296.0268
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 323.2134, compared to 320.9973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2161 points.

H1 Avg (Jan–Jun) 323.2134
H2 Avg (Jul–Dec) 320.9973

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 33.6021 IQD (High: 337.0895 / Low: 303.4874). On the other end, June was the most stable month, with a tight range of 11.1293 IQD (High: 338.6329 / Low: 327.5036).

January Spread (Volatile) ±33.6021
June Spread (Stable) ±11.1293

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 20.0933 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -20.0933

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 337.5408) against the same month in 2016 (average: 392.6175), the exchange rate shifted by -55.0766 (-14.03%).

2017 Avg (September) 337.5408
2016 Avg (September) 392.6175

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 337.0895 303.4874 315.7355
February 330.3334 314.5853 322.6818
March 326.3756 311.8808 319.9326
April 330.8772 314.1164 321.0752
May 335.4220 323.0133 327.8195
June 338.6329 327.5036 332.0358
July 335.6186 322.8626 328.2187
August 340.3343 328.3806 332.8570
September 345.0880 326.1346 337.5408
October 330.3189 306.9222 317.4476
November 306.5209 293.1186 299.8008
December 315.4171 302.4376 310.1188