2023 UYU to IQD Historical Review

YEARLY HIGH

38.1832 IQD

YEARLY LOW

32.4516 IQD

YEARLY AVERAGE

35.0161 IQD

2023 UYU to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UYU to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 38.1832. Conversely, the yearly low was recorded on November 4, dropping to 32.4516.

This high-to-low spread represents a total annual volatility of 5.7316 IQD. From a start-to-finish perspective, comparing the January average rate of 36.9755 to the December average rate of 33.3730, the exchange rate registered a net change of -9.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 38.1832 was up 0.49% compared to the 2022 peak of 37.9974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 190,916 IQD

2022 Average 177,450 IQD

Yearly Trough Low 162,258 IQD

Transaction Impact: A difference of 28,658.01 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.8703

32.5259

JanuMarcMayJulySeptNove

UYU 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 36.1984, compared to 33.8338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3646 points.

H1 Avg (Jan–Jun) 36.1984

H2 Avg (Jul–Dec) 33.8338

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 4.2872 IQD (High: 37.7782 / Low: 33.4910). On the other end, September was the most stable month, with a tight range of 0.7290 IQD (High: 34.8463 / Low: 34.1173).

May Spread (Volatile) ±4.2872

September Spread (Stable) ±0.7290

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 3.4906 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.4906

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 37.3585) against the same month in 2022 (average: 33.8009), the exchange rate shifted by +3.5576 (+10.53%).

2023 Avg (February) 37.3585

2022 Avg (February) 33.8009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.7549	36.5268	36.9755
February	38.1832	36.6680	37.3585
March	37.6910	36.8343	37.2853
April	38.0596	33.8580	37.4250
May	37.7782	33.4910	33.9344
June	34.9575	33.5754	34.2118
July	35.0190	34.2636	34.5846
August	34.9927	34.0048	34.5945
September	34.8463	34.1173	34.4303
October	34.0617	32.7274	33.0494
November	33.4978	32.4516	32.9712
December	33.6515	32.8208	33.3730