YEARLY HIGH
734.9052 IQD
YEARLY LOW
724.0040 IQD
YEARLY AVERAGE
730.0512 IQD

2021 BBD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BBD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 734.9052. Conversely, the yearly low was recorded on May 8, dropping to 724.0040.

This high-to-low spread represents a total annual volatility of 10.9012 IQD. From a start-to-finish perspective, comparing the January average rate of 731.0991 to the December average rate of 730.0745, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 734.9052 was up 0.55% compared to the 2020 peak of 730.8786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,674,526 IQD
2020 Average 2,993,758 IQD
Yearly Trough Low 3,620,020 IQD
Transaction Impact: A difference of 54,505.96 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

731.2722
729.1954
JanuMarcMayJulySeptNove

BBD 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 730.3493, compared to 729.7532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5961 points.

H1 Avg (Jan–Jun) 730.3493
H2 Avg (Jul–Dec) 729.7532

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 10.9012 IQD (High: 734.9052 / Low: 724.0040). On the other end, September was the most stable month, with a tight range of 1.0441 IQD (High: 730.3500 / Low: 729.3059).

May Spread (Volatile) ±10.9012
September Spread (Stable) ±1.0441

Growth Streaks & Declines

Trends

Between July and September, 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 January and February, when the average rate fell by 0.7008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 730.2728) against the same month in 2020 (average: 595.2072), the exchange rate shifted by +135.0656 (+22.69%).

2021 Avg (May) 730.2728
2020 Avg (May) 595.2072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 734.1139 729.6626 731.0991
February 731.2500 729.2908 730.3984
March 731.2500 728.0690 730.3977
April 731.2500 727.1023 729.8830
May 734.9052 724.0040 730.2728
June 731.2500 729.6411 730.0446
July 730.2500 727.1760 729.3685
August 732.1024 728.4778 729.7254
September 730.3500 729.3059 729.8593
October 730.0821 728.8277 729.8189
November 730.5840 728.8172 729.6727
December 734.8250 727.4506 730.0745