YEARLY HIGH
729.0693 IQD
YEARLY LOW
718.4757 IQD
YEARLY AVERAGE
724.4054 IQD

2021 BZD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 729.0693. Conversely, the yearly low was recorded on May 8, dropping to 718.4757.

This high-to-low spread represents a total annual volatility of 10.5937 IQD. From a start-to-finish perspective, comparing the January average rate of 725.0497 to the December average rate of 724.2669, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 729.0693 was up 0.54% compared to the 2020 peak of 725.1517, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,645,347 IQD
2020 Average 2,971,782 IQD
Yearly Trough Low 3,592,378 IQD
Transaction Impact: A difference of 52,968.41 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

725.1602
723.8344
JanuMarcMayJulySeptNove

BZD 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 724.6555, compared to 724.1553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5002 points.

H1 Avg (Jan–Jun) 724.6555
H2 Avg (Jul–Dec) 724.1553

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 10.5250 IQD (High: 729.0006 / Low: 718.4757). On the other end, October was the most stable month, with a tight range of 0.7329 IQD (High: 724.6751 / Low: 723.9422).

May Spread (Volatile) ±10.5250
October Spread (Stable) ±0.7329

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6054 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 724.2669) against the same month in 2020 (average: 625.7675), the exchange rate shifted by +98.4994 (+15.74%).

2021 Avg (December) 724.2669
2020 Avg (December) 625.7675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 728.5301 724.0241 725.0497
February 725.9235 723.8159 724.6204
March 727.6012 723.8351 724.9732
April 725.7665 721.2687 724.3677
May 729.0006 718.4757 724.6423
June 725.8205 723.6414 724.2794
July 724.6697 721.4606 723.9449
August 726.4167 723.8019 724.0565
September 724.6050 723.7885 724.1612
October 724.6751 723.9422 724.2506
November 728.0482 723.3063 724.2517
December 729.0693 722.0600 724.2669