2017 ZAR to IQD Historical Review

YEARLY HIGH

97.1172 IQD

YEARLY LOW

80.4625 IQD

YEARLY AVERAGE

88.2453 IQD

2017 ZAR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 97.1172. Conversely, the yearly low was recorded on November 13, dropping to 80.4625.

This high-to-low spread represents a total annual volatility of 16.6548 IQD. From a start-to-finish perspective, comparing the January average rate of 86.9404 to the December average rate of 91.0891, the exchange rate registered a net change of 4.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 97.1172 was up 11.03% compared to the 2016 peak of 87.4727, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 4,855,861 IQD

2016 Average 3,893,137 IQD

Yearly Trough Low 4,023,123 IQD

Transaction Impact: A difference of 832,737.57 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

91.9162

81.9909

JanuMarcMayJulySeptNove

ZAR 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 88.9415, compared to 87.5490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3925 points.

H1 Avg (Jan–Jun) 88.9415

H2 Avg (Jul–Dec) 87.5490

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 11.0052 IQD (High: 97.1172 / Low: 86.1120). On the other end, January was the most stable month, with a tight range of 3.4314 IQD (High: 88.9046 / Low: 85.4732).

December Spread (Volatile) ±11.0052

January Spread (Stable) ±3.4314

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 3.7615 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.7615

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 91.0891) against the same month in 2016 (average: 84.8402), the exchange rate shifted by +6.2489 (+7.37%).

2017 Avg (December) 91.0891

2016 Avg (December) 84.8402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	88.9046	85.4732	86.9404
February	91.6018	87.5897	89.6779
March	94.7749	87.1126	90.9368
April	90.7028	84.5372	87.2384
May	91.5019	85.2345	88.2371
June	93.5243	89.0221	90.6183
July	91.4201	86.5012	88.9307
August	90.2759	86.1237	88.1534
September	91.4197	85.9264	89.0322
October	88.5893	82.3158	85.2708
November	86.2363	80.4625	82.8180
December	97.1172	86.1120	91.0891