YEARLY HIGH
2000.2054 IQD
YEARLY LOW
1703.4751 IQD
YEARLY AVERAGE
1814.6842 IQD

2023 XDR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 2000.2054. Conversely, the yearly low was recorded on November 4, dropping to 1703.4751.

This high-to-low spread represents a total annual volatility of 296.7302 IQD. From a start-to-finish perspective, comparing the January average rate of 1961.0667 to the December average rate of 1747.9725, the exchange rate registered a net change of -10.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2000.2054 was down 3.07% compared to the 2022 peak of 2063.6422, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,001,027 IQD
2022 Average 10,009,477 IQD
Yearly Trough Low 8,517,376 IQD
Transaction Impact: A difference of 1,483,651.15 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1985.2487
1695.0643
JanuMarcMayJulySeptNove

XDR 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 1890.2533, compared to 1739.1151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 151.1382 points.

H1 Avg (Jan–Jun) 1890.2533
H2 Avg (Jul–Dec) 1739.1151

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 233.4599 IQD (High: 1976.4852 / Low: 1743.0254). On the other end, October was the most stable month, with a tight range of 8.5320 IQD (High: 1724.2138 / Low: 1715.6818).

May Spread (Volatile) ±233.4599
October Spread (Stable) ±8.5320

Growth Streaks & Declines

Trends

Between October and December, 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 184.3002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -184.3002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 1958.3482) against the same month in 2022 (average: 2022.2865), the exchange rate shifted by -63.9383 (-3.16%).

2023 Avg (April) 1958.3482
2022 Avg (April) 2022.2865

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1974.1321 1936.4133 1961.0667
February 1981.0269 1932.9894 1955.1644
March 1962.9683 1936.7747 1944.9359
April 2000.2054 1779.2472 1958.3482
May 1976.4852 1743.0254 1774.0480
June 1758.7547 1741.9652 1747.9567
July 1774.3630 1733.2530 1758.5367
August 1764.6780 1737.5733 1748.4472
September 1743.6119 1715.8792 1731.2675
October 1724.2138 1715.6818 1719.2464
November 1745.2321 1703.4751 1729.2202
December 1758.1912 1737.4998 1747.9725