YEARLY HIGH
1215.2707 IQD
YEARLY LOW
1128.4560 IQD
YEARLY AVERAGE
1164.8267 IQD

2021 CAD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CAD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 1215.2707. Conversely, the yearly low was recorded on December 20, dropping to 1128.4560.

This high-to-low spread represents a total annual volatility of 86.8146 IQD. From a start-to-finish perspective, comparing the January average rate of 1148.8573 to the December average rate of 1140.7253, the exchange rate registered a net change of -0.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1215.2707 was up 5.86% compared to the 2020 peak of 1148.0119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,076,353 IQD
2020 Average 4,468,771 IQD
Yearly Trough Low 5,642,280 IQD
Transaction Impact: A difference of 434,073.10 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1210.8342
1134.3517
JanuMarcMayJulySeptNove

CAD 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 1171.1880, compared to 1158.4655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.7225 points.

H1 Avg (Jan–Jun) 1171.1880
H2 Avg (Jul–Dec) 1158.4655

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 41.9779 IQD (High: 1184.3065 / Low: 1142.3287). On the other end, January was the most stable month, with a tight range of 17.2727 IQD (High: 1156.8703 / Low: 1139.5975).

July Spread (Volatile) ±41.9779
January Spread (Stable) ±17.2727

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 27.5280 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -27.5280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 1204.4607) against the same month in 2020 (average: 850.8400), the exchange rate shifted by +353.6207 (+41.56%).

2021 Avg (May) 1204.4607
2020 Avg (May) 850.8400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1156.8703 1139.5975 1148.8573
February 1167.2473 1135.8460 1150.5134
March 1178.2830 1151.2571 1162.0156
April 1189.8079 1156.5017 1167.6005
May 1215.2707 1186.7128 1204.4607
June 1212.2793 1171.8123 1193.6804
July 1184.3065 1142.3287 1166.1523
August 1170.0674 1136.3822 1158.1632
September 1164.5138 1139.2164 1152.2482
October 1184.3701 1154.0742 1173.1635
November 1179.3683 1141.0367 1160.3406
December 1155.0176 1128.4560 1140.7253