2021 BGN to IQD Historical Review

YEARLY HIGH

920.5902 IQD

YEARLY LOW

836.1558 IQD

YEARLY AVERAGE

883.2935 IQD

2021 BGN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 920.5902. Conversely, the yearly low was recorded on November 25, dropping to 836.1558.

This high-to-low spread represents a total annual volatility of 84.4345 IQD. From a start-to-finish perspective, comparing the January average rate of 909.9327 to the December average rate of 843.5787, the exchange rate registered a net change of -7.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 920.5902 was up 0.31% compared to the 2020 peak of 917.7391, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,602,951 IQD

2020 Average 3,496,189 IQD

Yearly Trough Low 4,180,779 IQD

Transaction Impact: A difference of 422,172.38 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

916.5682

836.9433

JanuMarcMayJulySeptNove

BGN 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 899.9601, compared to 866.6269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 33.3333 points.

H1 Avg (Jan–Jun) 899.9601

H2 Avg (Jul–Dec) 866.6269

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 29.5780 IQD (High: 865.7338 / Low: 836.1558). On the other end, December was the most stable month, with a tight range of 7.3010 IQD (High: 847.6594 / Low: 840.3584).

November Spread (Volatile) ±29.5780

December Spread (Stable) ±7.3010

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 16.4100 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -16.4100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 909.9327) against the same month in 2020 (average: 676.7103), the exchange rate shifted by +233.2224 (+34.46%).

2021 Avg (January) 909.9327

2020 Avg (January) 676.7103

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	920.5902	901.5245	909.9327
February	908.6739	894.2397	903.5104
March	902.2422	873.9944	888.4948
April	904.0359	875.7649	892.4387
May	914.5658	896.5727	906.8952
June	912.8955	884.5416	898.4888
July	886.0564	877.5479	882.0788
August	885.7276	869.6856	878.1709
September	886.5563	864.3661	879.2037
October	871.4435	860.5727	865.5039
November	865.7338	836.1558	851.2251
December	847.6594	840.3584	843.5787