2023 VND to IQD Historical Review

YEARLY HIGH

0.0628 IQD

YEARLY LOW

0.0529 IQD

YEARLY AVERAGE

0.0571 IQD

2023 VND to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VND to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0628. Conversely, the yearly low was recorded on November 4, dropping to 0.0529.

This high-to-low spread represents a total annual volatility of 0.0099 IQD. From a start-to-finish perspective, comparing the January average rate of 0.0622 to the December average rate of 0.0540, the exchange rate registered a net change of -13.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0628 was down 2.71% compared to the 2022 peak of 0.0646, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 628,194 IQD

2022 Average 624,038 IQD

Yearly Trough Low 529,199 IQD

Transaction Impact: A difference of 98,994.52 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0631

0.0526

JanuMarcMayJulySeptNove

VND 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 0.0599, compared to 0.0542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.0599

H2 Avg (Jul–Dec) 0.0542

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0066 IQD (High: 0.0623 / Low: 0.0556). On the other end, December was the most stable month, with a tight range of 0.0005 IQD (High: 0.0543 / Low: 0.0537).

May Spread (Volatile) ±0.0066

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and April, 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 0.0056 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0617) against the same month in 2022 (average: 0.0642), the exchange rate shifted by -0.0024 (-3.79%).

2023 Avg (February) 0.0617

2022 Avg (February) 0.0642

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0624	0.0618	0.0622
February	0.0628	0.0609	0.0617
March	0.0622	0.0610	0.0618
April	0.0623	0.0560	0.0618
May	0.0623	0.0556	0.0562
June	0.0560	0.0553	0.0557
July	0.0556	0.0550	0.0553
August	0.0556	0.0541	0.0549
September	0.0545	0.0535	0.0541
October	0.0540	0.0532	0.0535
November	0.0542	0.0529	0.0538
December	0.0543	0.0537	0.0540