2016 WST to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 WST to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the WST to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 471.6039. Conversely, the yearly low was recorded on January 25, dropping to 404.2855.
This high-to-low spread represents a total annual volatility of 67.3184 IQD. From a start-to-finish perspective, comparing the January average rate of 420.9592 to the December average rate of 463.2122, the exchange rate registered a net change of 10.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 471.6039 was down 3.89% compared to the 2015 peak of 490.6864, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
WST 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 435.8041, compared to 460.4047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.6006 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 38.6834 IQD (High: 462.4657 / Low: 423.7823). On the other end, August was the most stable month, with a tight range of 4.4163 IQD (High: 460.7747 / Low: 456.3584).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 2.2140 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 462.3919) against the same month in 2015 (average: 474.7014), the exchange rate shifted by -12.3095 (-2.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 432.9002 | 404.2855 | 420.9592 |
| February | 425.3137 | 411.6875 | 421.7928 |
| March | 434.2428 | 422.5916 | 428.7888 |
| April | 443.0270 | 425.9964 | 435.6987 |
| May | 462.4657 | 423.7823 | 445.1933 |
| June | 471.6039 | 452.9575 | 462.3919 |
| July | 466.5033 | 452.2730 | 460.1779 |
| August | 460.7747 | 456.3584 | 459.1872 |
| September | 463.5435 | 458.3773 | 461.2264 |
| October | 462.7979 | 455.7806 | 459.3725 |
| November | 464.4183 | 453.9100 | 459.2518 |
| December | 468.2393 | 454.1418 | 463.2122 |