YEARLY HIGH
49.0860 IQD
YEARLY LOW
43.0148 IQD
YEARLY AVERAGE
45.7359 IQD

2021 THB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the THB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 49.0860. Conversely, the yearly low was recorded on September 29, dropping to 43.0148.

This high-to-low spread represents a total annual volatility of 6.0712 IQD. From a start-to-finish perspective, comparing the January average rate of 48.7190 to the December average rate of 43.5262, the exchange rate registered a net change of -10.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 49.0860 was up 0.51% compared to the 2020 peak of 48.8383, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,271,495 IQD
2020 Average 9,577,983 IQD
Yearly Trough Low 10,753,689 IQD
Transaction Impact: A difference of 1,517,806.37 IQD purely based on transaction execution date.

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49.2383
43.0070
JanuMarcMayJulySeptNove

THB 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 47.4394, compared to 44.0323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4071 points.

H1 Avg (Jan–Jun) 47.4394
H2 Avg (Jul–Dec) 44.0323

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 2.1712 IQD (High: 45.1859 / Low: 43.0148). On the other end, January was the most stable month, with a tight range of 0.6312 IQD (High: 49.0860 / Low: 48.4548).

September Spread (Volatile) Âą2.1712
January Spread (Stable) Âą0.6312

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 1.7818 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.7818

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 48.7190) against the same month in 2020 (average: 39.1877), the exchange rate shifted by +9.5313 (+24.32%).

2021 Avg (January) 48.7190
2020 Avg (January) 39.1877

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Month High Low Average
January 49.0860 48.4548 48.7190
February 48.9810 47.8715 48.6512
March 48.2859 46.6572 47.4637
April 46.9655 46.2940 46.6032
May 47.2595 46.3644 46.7263
June 47.0036 45.4187 46.4731
July 45.4725 44.2308 44.6913
August 45.3033 43.5839 44.1048
September 45.1859 43.0148 44.1735
October 44.1517 43.0318 43.6095
November 44.7856 43.2111 44.0884
December 44.0272 43.0609 43.5262