2016 VEF to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 VEF to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the VEF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 174.4238. Conversely, the yearly low was recorded on April 2, dropping to 109.0343.
This high-to-low spread represents a total annual volatility of 65.3895 IQD. From a start-to-finish perspective, comparing the January average rate of 172.7884 to the December average rate of 117.7561, the exchange rate registered a net change of -31.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 174.4238 was down 7.88% compared to the 2015 peak of 189.3359, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
VEF 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 143.0907, compared to 116.8861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.2046 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 7.5278 IQD (High: 118.5259 / Low: 110.9981). On the other end, February was the most stable month, with a tight range of 0.0971 IQD (High: 172.3218 / Low: 172.2248).
Growth Streaks & Declines
TrendsBetween April and June, 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 March and April, when the average rate fell by 62.2361 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 172.7884) against the same month in 2015 (average: 185.2054), the exchange rate shifted by -12.4171 (-6.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 174.4238 | 172.0518 | 172.7884 |
| February | 172.3218 | 172.2248 | 172.2491 |
| March | 172.6314 | 171.8311 | 172.1314 |
| April | 111.0375 | 109.0343 | 109.8953 |
| May | 118.5259 | 110.9981 | 113.9065 |
| June | 118.5289 | 116.2042 | 117.5733 |
| July | 117.2279 | 116.1442 | 117.0282 |
| August | 117.0978 | 116.5555 | 116.8607 |
| September | 117.0880 | 116.5122 | 116.7662 |
| October | 116.9488 | 116.3452 | 116.5901 |
| November | 118.2600 | 115.6563 | 116.3150 |
| December | 118.8669 | 115.1439 | 117.7561 |