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2021 LKR to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the LKR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 7.8866. Conversely, the yearly low was recorded on December 11, dropping to 7.1876.
This high-to-low spread represents a total annual volatility of 0.6990 IQD. From a start-to-finish perspective, comparing the January average rate of 7.6387 to the December average rate of 7.2120, the exchange rate registered a net change of -5.59% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 7.8866 was down 0.05% compared to the 2020 peak of 7.8905, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LKR based on timing:
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LKR to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 7.4492, compared to 7.2751 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.1741 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 0.4999 IQD (High: 7.8866 / Low: 7.3867). On the other end, July was the most stable month, with a tight range of 0.0314 IQD (High: 7.3360 / Low: 7.3046).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1307 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 7.6387) against the same month in 2020 (average: 6.5701), the exchange rate shifted by +1.0686 (+16.26%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 7.8866 | 7.3867 | 7.6387 |
| February | 7.5579 | 7.4116 | 7.5080 |
| March | 7.5012 | 7.3209 | 7.4031 |
| April | 7.6040 | 7.2409 | 7.3864 |
| May | 7.4592 | 7.3215 | 7.4016 |
| June | 7.3921 | 7.3258 | 7.3573 |
| July | 7.3360 | 7.3046 | 7.3242 |
| August | 7.3396 | 7.3043 | 7.3142 |
| September | 7.3282 | 7.2406 | 7.3083 |
| October | 7.3092 | 7.2240 | 7.2693 |
| November | 7.2500 | 7.1973 | 7.2226 |
| December | 7.2751 | 7.1876 | 7.2120 |