YEARLY HIGH
1.3523 IQD
YEARLY LOW
1.2148 IQD
YEARLY AVERAGE
1.2764 IQD

2021 KRW to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KRW to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.3523. Conversely, the yearly low was recorded on November 8, dropping to 1.2148.

This high-to-low spread represents a total annual volatility of 0.1375 IQD. From a start-to-finish perspective, comparing the January average rate of 1.3296 to the December average rate of 1.2328, the exchange rate registered a net change of -7.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3523 was up 0.46% compared to the 2020 peak of 1.3461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,761,478 IQD
2020 Average 5,085,308 IQD
Yearly Trough Low 6,074,121 IQD
Transaction Impact: A difference of 687,356.83 IQD purely based on transaction execution date.

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1.3395
1.2202
JanuMarcMayJulySeptNove

KRW 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 1.3071, compared to 1.2457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0614 points.

H1 Avg (Jan–Jun) 1.3071
H2 Avg (Jul–Dec) 1.2457

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0470 IQD (High: 1.3523 / Low: 1.3053). On the other end, December was the most stable month, with a tight range of 0.0202 IQD (High: 1.2452 / Low: 1.2250).

January Spread (Volatile) Âą0.0470
December Spread (Stable) Âą0.0202

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0259 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.3296) against the same month in 2020 (average: 1.0223), the exchange rate shifted by +0.3073 (+30.06%).

2021 Avg (January) 1.3296
2020 Avg (January) 1.0223

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Month High Low Average
January 1.3523 1.3053 1.3296
February 1.3243 1.2967 1.3137
March 1.3234 1.2796 1.2925
April 1.3183 1.2902 1.3047
May 1.3169 1.2851 1.3019
June 1.3175 1.2858 1.3004
July 1.2905 1.2642 1.2745
August 1.2778 1.2392 1.2576
September 1.2620 1.2284 1.2446
October 1.2494 1.2186 1.2348
November 1.2393 1.2148 1.2302
December 1.2452 1.2250 1.2328