YEARLY HIGH
0.0114 TRY
YEARLY LOW
0.0048 TRY
YEARLY AVERAGE
0.0061 TRY

2021 IQD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0114. Conversely, the yearly low was recorded on February 19, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0066 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0051 to the December average rate of 0.0092, the exchange rate registered a net change of 82.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0114 was up 58.59% compared to the 2020 peak of 0.0072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57 TRY
2020 Average 29 TRY
Yearly Trough Low 24 TRY
Transaction Impact: A difference of 32.98 TRY purely based on transaction execution date.

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0.0097
0.0044
JanuMarcMayJulySeptNove

IQD to TRY 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 0.0054, compared to 0.0068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0054
H2 Avg (Jul–Dec) 0.0068

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0040 TRY (High: 0.0114 / Low: 0.0073). On the other end, January was the most stable month, with a tight range of 0.0001 TRY (High: 0.0051 / Low: 0.0050).

December Spread (Volatile) Âą0.0040
January Spread (Stable) Âą0.0001

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0092) against the same month in 2020 (average: 0.0062), the exchange rate shifted by +0.0031 (+49.55%).

2021 Avg (December) 0.0092
2020 Avg (December) 0.0062

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Month High Low Average
January 0.0051 0.0050 0.0051
February 0.0051 0.0048 0.0049
March 0.0057 0.0049 0.0053
April 0.0058 0.0055 0.0056
May 0.0059 0.0056 0.0057
June 0.0060 0.0057 0.0059
July 0.0060 0.0058 0.0059
August 0.0059 0.0057 0.0058
September 0.0061 0.0057 0.0059
October 0.0067 0.0061 0.0063
November 0.0093 0.0065 0.0074
December 0.0114 0.0073 0.0092