YEARLY HIGH
213.6447 IQD
YEARLY LOW
208.8842 IQD
YEARLY AVERAGE
211.7786 IQD

2022 BOB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BOB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 213.6447. Conversely, the yearly low was recorded on October 22, dropping to 208.8842.

This high-to-low spread represents a total annual volatility of 4.7605 IQD. From a start-to-finish perspective, comparing the January average rate of 211.8203 to the December average rate of 211.2380, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 213.6447 was up 0.24% compared to the 2021 peak of 213.1378, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,068,223 IQD
2021 Average 1,057,535 IQD
Yearly Trough Low 1,044,421 IQD
Transaction Impact: A difference of 23,802.46 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

212.4368
211.0575
JanuMarcMayJulySeptNove

BOB 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 212.1273, compared to 211.4299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6974 points.

H1 Avg (Jan–Jun) 212.1273
H2 Avg (Jul–Dec) 211.4299

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 4.3164 IQD (High: 213.2006 / Low: 208.8842). On the other end, December was the most stable month, with a tight range of 0.5535 IQD (High: 211.3897 / Low: 210.8362).

October Spread (Volatile) ±4.3164
December Spread (Stable) ±0.5535

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.5461 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5461

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 212.3219) against the same month in 2021 (average: 211.6565), the exchange rate shifted by +0.6653 (+0.31%).

2022 Avg (May) 212.3219
2021 Avg (May) 211.6565

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 212.2350 210.9277 211.8203
February 212.6652 211.2804 212.0692
March 212.6630 212.0261 212.3205
April 212.6588 210.6788 212.1212
May 213.6447 211.6771 212.3219
June 213.4115 211.6839 212.1109
July 212.6050 210.9508 212.1325
August 212.7224 210.5638 211.5864
September 211.5625 209.3801 211.1960
October 213.2006 208.8842 211.1725
November 211.5688 210.5258 211.2543
December 211.3897 210.8362 211.2380