2022 BGN to IQD Historical Review

YEARLY HIGH

855.2879 IQD

YEARLY LOW

715.6135 IQD

YEARLY AVERAGE

786.7807 IQD

2022 BGN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 855.2879. Conversely, the yearly low was recorded on September 27, dropping to 715.6135.

This high-to-low spread represents a total annual volatility of 139.6744 IQD. From a start-to-finish perspective, comparing the January average rate of 844.6189 to the December average rate of 790.0892, the exchange rate registered a net change of -6.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 855.2879 was down 7.09% compared to the 2021 peak of 920.5902, 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 4,276,439 IQD

2021 Average 4,415,799 IQD

Yearly Trough Low 3,578,068 IQD

Transaction Impact: A difference of 698,371.77 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

858.0402

722.6951

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 816.6337, compared to 756.9277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 59.7060 points.

H1 Avg (Jan–Jun) 816.6337

H2 Avg (Jul–Dec) 756.9277

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 50.7805 IQD (High: 777.2751 / Low: 726.4947). On the other end, February was the most stable month, with a tight range of 19.1602 IQD (High: 853.6947 / Low: 834.5345).

November Spread (Volatile) ±50.7805

February Spread (Stable) ±19.1602

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 June and July, when the average rate fell by 29.4099 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -29.4099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 844.6189) against the same month in 2021 (average: 909.9327), the exchange rate shifted by -65.3138 (-7.18%).

2022 Avg (January) 844.6189

2021 Avg (January) 909.9327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	855.2879	831.0778	844.6189
February	853.6947	834.5345	846.7614
March	832.9186	809.4692	821.8998
April	825.6194	783.2389	808.0802
May	804.3756	773.7150	789.1255
June	802.8676	777.1848	789.3164
July	777.0585	748.0717	759.9065
August	770.7698	741.5653	755.6278
September	756.3405	715.6135	739.3850
October	752.9577	723.8321	733.9739
November	777.2751	726.4947	762.5838
December	799.3301	779.6752	790.0892