2016 TWD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TWD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TWD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 37.4508. Conversely, the yearly low was recorded on January 15, dropping to 32.3669.
This high-to-low spread represents a total annual volatility of 5.0839 IQD. From a start-to-finish perspective, comparing the January average rate of 32.6658 to the December average rate of 36.7436, the exchange rate registered a net change of 12.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 37.4508 was down 3.99% compared to the 2015 peak of 39.0055, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
TWD 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 33.9584, compared to 36.7430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7846 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 2.4461 IQD (High: 36.3156 / Low: 33.8695). On the other end, February was the most stable month, with a tight range of 0.4356 IQD (High: 32.9576 / Low: 32.5220).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3074 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 36.9366) against the same month in 2015 (average: 36.1160), the exchange rate shifted by +0.8206 (+2.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.4379 | 32.3669 | 32.6658 |
| February | 32.9576 | 32.5220 | 32.7237 |
| March | 33.7256 | 32.8473 | 33.3408 |
| April | 34.3494 | 33.5550 | 33.8808 |
| May | 36.3156 | 33.8695 | 34.8938 |
| June | 36.6869 | 35.6998 | 36.2456 |
| July | 36.6775 | 36.0420 | 36.4062 |
| August | 37.4508 | 36.5993 | 36.9366 |
| September | 37.3045 | 36.6314 | 36.9848 |
| October | 37.1348 | 36.5432 | 36.8472 |
| November | 37.0240 | 36.0236 | 36.5398 |
| December | 37.1916 | 36.0699 | 36.7436 |