YEARLY HIGH
217.8679 IQD
YEARLY LOW
191.2653 IQD
YEARLY AVERAGE
200.3497 IQD

2023 TTD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 217.8679. Conversely, the yearly low was recorded on November 4, dropping to 191.2653.

This high-to-low spread represents a total annual volatility of 26.6026 IQD. From a start-to-finish perspective, comparing the January average rate of 214.9767 to the December average rate of 192.7938, the exchange rate registered a net change of -10.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 217.8679 was up 0.30% compared to the 2022 peak of 217.2138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TTD based on timing:

Yearly Peak High 1,089,340 IQD
2022 Average 1,075,113 IQD
Yearly Trough Low 956,326 IQD
Transaction Impact: A difference of 133,013.14 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

217.2376
190.5716
JanuMarcMayJulySeptNove

TTD 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 207.7377, compared to 192.9616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.7761 points.

H1 Avg (Jan–Jun) 207.7377
H2 Avg (Jul–Dec) 192.9616

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 23.6463 IQD (High: 217.8679 / Low: 194.2216). On the other end, June was the most stable month, with a tight range of 0.7228 IQD (High: 193.3668 / Low: 192.6440).

April Spread (Volatile) ±23.6463
June Spread (Stable) ±0.7228

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 19.5202 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -19.5202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 213.9652) against the same month in 2022 (average: 214.9082), the exchange rate shifted by -0.9430 (-0.44%).

2023 Avg (April) 213.9652
2022 Avg (April) 214.9082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 215.4071 214.6114 214.9767
February 215.1678 213.1015 214.9598
March 215.5601 214.1495 215.0155
April 217.8679 194.2216 213.9652
May 215.8511 192.3532 194.4450
June 193.3668 192.6440 193.0644
July 194.8470 191.5467 193.0193
August 194.6186 191.7281 193.0073
September 193.5704 192.7407 193.0894
October 193.5432 192.5975 193.0086
November 193.4502 191.2653 192.8515
December 193.3354 192.0136 192.7938