YEARLY HIGH
61.5065 IQD
YEARLY LOW
58.6902 IQD
YEARLY AVERAGE
60.5695 IQD

2021 HNL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 61.5065. Conversely, the yearly low was recorded on January 6, dropping to 58.6902.

This high-to-low spread represents a total annual volatility of 2.8163 IQD. From a start-to-finish perspective, comparing the January average rate of 60.3105 to the December average rate of 60.1294, the exchange rate registered a net change of -0.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 61.5065 was up 1.64% compared to the 2020 peak of 60.5122, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 307,533 IQD
2020 Average 242,109 IQD
Yearly Trough Low 293,451 IQD
Transaction Impact: A difference of 14,081.70 IQD purely based on transaction execution date.

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61.4830
60.0064
JanuMarcMayJulySeptNove

HNL 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 60.4737, compared to 60.6652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1915 points.

H1 Avg (Jan–Jun) 60.4737
H2 Avg (Jul–Dec) 60.6652

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 2.0659 IQD (High: 60.7560 / Low: 58.6902). On the other end, November was the most stable month, with a tight range of 0.1800 IQD (High: 60.5108 / Low: 60.3308).

January Spread (Volatile) Âą2.0659
November Spread (Stable) Âą0.1800

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.7854 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.7854

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 61.3600) against the same month in 2020 (average: 48.2591), the exchange rate shifted by +13.1008 (+27.15%).

2021 Avg (August) 61.3600
2020 Avg (August) 48.2591

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Month High Low Average
January 60.7560 58.6902 60.3105
February 60.5761 60.0452 60.2614
March 60.6190 60.0616 60.3377
April 60.7135 60.4027 60.6036
May 60.9799 60.0211 60.6233
June 61.0525 60.5202 60.7056
July 61.4966 60.7142 61.1022
August 61.5065 60.9402 61.3600
September 61.1079 60.2666 60.5745
October 60.6316 60.2683 60.4205
November 60.5108 60.3308 60.4047
December 60.4762 59.7684 60.1294