YEARLY HIGH
30.7026 IQD
YEARLY LOW
28.4560 IQD
YEARLY AVERAGE
29.6511 IQD

2021 PHP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 30.7026. Conversely, the yearly low was recorded on December 30, dropping to 28.4560.

This high-to-low spread represents a total annual volatility of 2.2465 IQD. From a start-to-finish perspective, comparing the January average rate of 30.4147 to the December average rate of 29.0211, the exchange rate registered a net change of -4.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 30.7026 was up 0.77% compared to the 2020 peak of 30.4670, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 7,675,649 IQD
2020 Average 6,039,097 IQD
Yearly Trough Low 7,114,012 IQD
Transaction Impact: A difference of 561,636.76 IQD purely based on transaction execution date.

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30.6732
28.6148
JanuMarcMayJulySeptNove

PHP 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 30.2848, compared to 29.0174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2674 points.

H1 Avg (Jan–Jun) 30.2848
H2 Avg (Jul–Dec) 29.0174

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 1.1301 IQD (High: 29.8913 / Low: 28.7612). On the other end, March was the most stable month, with a tight range of 0.2463 IQD (High: 30.2439 / Low: 29.9976).

August Spread (Volatile) Âą1.1301
March Spread (Stable) Âą0.2463

Growth Streaks & Declines

Trends

Between March and May, 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 1.1546 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1546

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 30.5017) against the same month in 2020 (average: 23.5619), the exchange rate shifted by +6.9398 (+29.45%).

2021 Avg (May) 30.5017
2020 Avg (May) 23.5619

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Month High Low Average
January 30.6655 30.3490 30.4147
February 30.5180 29.7991 30.2484
March 30.2439 29.9976 30.0972
April 30.3173 30.0085 30.1351
May 30.7026 30.3047 30.5017
June 30.6524 29.8922 30.3114
July 29.7011 28.5941 29.1568
August 29.8913 28.7612 29.0767
September 29.3687 28.5471 29.0787
October 29.0036 28.6921 28.7863
November 29.2997 28.7650 28.9847
December 29.4637 28.4560 29.0211