2023 UAH to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 UAH to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the UAH to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 40.1006. Conversely, the yearly low was recorded on December 28, dropping to 34.2392.
This high-to-low spread represents a total annual volatility of 5.8613 IQD. From a start-to-finish perspective, comparing the January average rate of 39.7094 to the December average rate of 35.2426, the exchange rate registered a net change of -11.25% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 40.1006 was down 25.05% compared to the 2022 peak of 53.5033, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UAH based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
UAH 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 38.2602, compared to 35.6293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6309 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 4.3931 IQD (High: 40.1006 / Low: 35.7075). On the other end, September was the most stable month, with a tight range of 0.2024 IQD (High: 35.6353 / Low: 35.4329).
Growth Streaks & Declines
TrendsBetween September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.6535 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 39.4096) against the same month in 2022 (average: 49.3086), the exchange rate shifted by -9.8989 (-20.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 39.7525 | 39.5148 | 39.7094 |
| February | 39.8859 | 39.3532 | 39.6614 |
| March | 39.8127 | 39.4409 | 39.5614 |
| April | 40.1006 | 35.7075 | 39.4096 |
| May | 39.8117 | 35.4411 | 35.7562 |
| June | 35.5166 | 35.2513 | 35.4628 |
| July | 35.8093 | 35.1908 | 35.5187 |
| August | 35.7403 | 35.1937 | 35.4764 |
| September | 35.6353 | 35.4329 | 35.4710 |
| October | 36.1426 | 35.4475 | 35.8651 |
| November | 36.3840 | 35.8070 | 36.2017 |
| December | 35.9230 | 34.2392 | 35.2426 |