YEARLY HIGH
230.5189 IQD
YEARLY LOW
221.9377 IQD
YEARLY AVERAGE
226.3145 IQD

2021 CNY to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CNY to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 230.5189. Conversely, the yearly low was recorded on April 5, dropping to 221.9377.

This high-to-low spread represents a total annual volatility of 8.5812 IQD. From a start-to-finish perspective, comparing the January average rate of 225.8299 to the December average rate of 229.2166, the exchange rate registered a net change of 1.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 230.5189 was up 2.91% compared to the 2020 peak of 224.0026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 5,762,972 IQD
2020 Average 4,342,118 IQD
Yearly Trough Low 5,548,442 IQD
Transaction Impact: A difference of 214,529.27 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

229.7610
223.2283
JanuMarcMayJulySeptNove

CNY 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 225.7121, compared to 226.9169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2049 points.

H1 Avg (Jan–Jun) 225.7121
H2 Avg (Jul–Dec) 226.9169

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 4.2274 IQD (High: 229.3355 / Low: 225.1081). On the other end, September was the most stable month, with a tight range of 1.4264 IQD (High: 227.0501 / Low: 225.6237).

May Spread (Volatile) ±4.2274
September Spread (Stable) ±1.4264

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 June and July, when the average rate fell by 1.9823 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.9823

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 229.2166) against the same month in 2020 (average: 192.8889), the exchange rate shifted by +36.3277 (+18.83%).

2021 Avg (December) 229.2166
2020 Avg (December) 192.8889

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 227.5344 224.7402 225.8299
February 226.9723 225.1280 225.9573
March 226.1167 222.2111 224.3191
April 225.8862 221.9377 223.7727
May 229.3355 225.1081 227.1684
June 228.7964 225.1822 227.2250
July 226.0129 224.1544 225.2427
August 225.8924 224.0953 225.2775
September 227.0501 225.6237 226.0567
October 228.7476 226.1088 227.3192
November 229.3764 227.7663 228.3889
December 230.5189 228.4025 229.2166