2023 XDR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |