YEARLY HIGH
119.6409 IQD
YEARLY LOW
106.0560 IQD
YEARLY AVERAGE
116.1836 IQD

2017 VEF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 119.6409. Conversely, the yearly low was recorded on November 2, dropping to 106.0560.

This high-to-low spread represents a total annual volatility of 13.5849 IQD. From a start-to-finish perspective, comparing the January average rate of 118.2221 to the December average rate of 115.6263, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 119.6409 was down 31.41% compared to the 2016 peak of 174.4238, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 598,204 IQD
2016 Average 649,599 IQD
Yearly Trough Low 530,280 IQD
Transaction Impact: A difference of 67,924.29 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

118.8263
112.3569
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 117.1957, compared to 115.1715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0242 points.

H1 Avg (Jan–Jun) 117.1957
H2 Avg (Jul–Dec) 115.1715

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 11.3245 IQD (High: 117.3805 / Low: 106.0560). On the other end, February was the most stable month, with a tight range of 1.6901 IQD (High: 119.4565 / Low: 117.7664).

November Spread (Volatile) ±11.3245
February Spread (Stable) ±1.6901

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.6502 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.6502

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 115.6263) against the same month in 2016 (average: 117.7561), the exchange rate shifted by -2.1298 (-1.81%).

2017 Avg (December) 115.6263
2016 Avg (December) 117.7561

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 119.1360 117.2046 118.2221
February 119.4565 117.7664 118.2871
March 118.4274 116.4583 117.6099
April 118.4274 114.3996 116.5106
May 118.3773 114.1803 116.1060
June 118.2591 114.4783 116.4386
July 118.3091 113.4436 115.6056
August 118.3682 112.3050 115.0236
September 118.4775 114.4705 116.3314
October 117.6887 110.0150 115.5462
November 117.3805 106.0560 112.8960
December 119.6409 110.2299 115.6263