YEARLY HIGH
12.4791 IQD
YEARLY LOW
10.9250 IQD
YEARLY AVERAGE
11.4594 IQD

2023 VUV to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VUV to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 12.4791. Conversely, the yearly low was recorded on July 8, dropping to 10.9250.

This high-to-low spread represents a total annual volatility of 1.5541 IQD. From a start-to-finish perspective, comparing the January average rate of 12.3657 to the December average rate of 11.0399, the exchange rate registered a net change of -10.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.4791 was down 4.49% compared to the 2022 peak of 13.0656, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,395 IQD
2022 Average 62,501 IQD
Yearly Trough Low 54,625 IQD
Transaction Impact: A difference of 7,770.47 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.5028
10.8652
JanuMarcMayJulySeptNove

VUV 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 11.8946, compared to 11.0243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8703 points.

H1 Avg (Jan–Jun) 11.8946
H2 Avg (Jul–Dec) 11.0243

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.3035 IQD (High: 12.2795 / Low: 10.9760). On the other end, January was the most stable month, with a tight range of 0.0531 IQD (High: 12.3757 / Low: 12.3226).

May Spread (Volatile) ±1.3035
January Spread (Stable) ±0.0531

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.1063 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.1063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 12.3664) against the same month in 2022 (average: 12.8159), the exchange rate shifted by -0.4496 (-3.51%).

2023 Avg (February) 12.3664
2022 Avg (February) 12.8159

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.3757 12.3226 12.3657
February 12.4791 12.2537 12.3664
March 12.3769 12.1910 12.3449
April 12.2795 11.0604 12.1948
May 12.2795 10.9760 11.0884
June 11.0435 10.9423 11.0073
July 11.0381 10.9250 11.0017
August 11.1189 10.9519 11.0315
September 11.0546 10.9913 11.0303
October 11.0505 10.9855 11.0270
November 11.0410 10.9441 11.0153
December 11.0941 11.0249 11.0399