YEARLY HIGH
2.1088 IQD
YEARLY LOW
1.6731 IQD
YEARLY AVERAGE
1.9282 IQD

2021 CLP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CLP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 2.1088. Conversely, the yearly low was recorded on December 20, dropping to 1.6731.

This high-to-low spread represents a total annual volatility of 0.4356 IQD. From a start-to-finish perspective, comparing the January average rate of 2.0213 to the December average rate of 1.7187, the exchange rate registered a net change of -14.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1088 was up 2.52% compared to the 2020 peak of 2.0569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 2,108,767 IQD
2020 Average 1,515,475 IQD
Yearly Trough Low 1,673,142 IQD
Transaction Impact: A difference of 435,624.32 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.0936
1.6846
JanuMarcMayJulySeptNove

CLP 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 2.0284, compared to 1.8280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2004 points.

H1 Avg (Jan–Jun) 2.0284
H2 Avg (Jul–Dec) 1.8280

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.1229 IQD (High: 2.1004 / Low: 1.9775). On the other end, October was the most stable month, with a tight range of 0.0496 IQD (High: 1.8171 / Low: 1.7675).

January Spread (Volatile) ±0.1229
October Spread (Stable) ±0.0496

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 November and December, when the average rate fell by 0.0723 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 2.0514) against the same month in 2020 (average: 1.4521), the exchange rate shifted by +0.5993 (+41.27%).

2021 Avg (May) 2.0514
2020 Avg (May) 1.4521

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1004 1.9775 2.0213
February 2.0839 1.9770 2.0226
March 2.0503 1.9828 2.0126
April 2.0966 2.0200 2.0595
May 2.1088 1.9891 2.0514
June 2.0373 1.9497 2.0028
July 1.9828 1.9005 1.9390
August 1.9281 1.8471 1.8686
September 1.9016 1.7992 1.8589
October 1.8171 1.7675 1.7916
November 1.8407 1.7295 1.7909
December 1.7432 1.6731 1.7187