YEARLY HIGH
232.1296 IQD
YEARLY LOW
199.2285 IQD
YEARLY AVERAGE
217.3970 IQD

2022 CNY to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CNY to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 232.1296. Conversely, the yearly low was recorded on October 22, dropping to 199.2285.

This high-to-low spread represents a total annual volatility of 32.9011 IQD. From a start-to-finish perspective, comparing the January average rate of 229.6172 to the December average rate of 209.3971, the exchange rate registered a net change of -8.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 232.1296 was up 0.70% compared to the 2021 peak of 230.5189, 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 5,803,240 IQD
2021 Average 5,657,923 IQD
Yearly Trough Low 4,980,712 IQD
Transaction Impact: A difference of 822,527.91 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

232.8792
200.2873
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 225.5409, compared to 209.2530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.2879 points.

H1 Avg (Jan–Jun) 225.5409
H2 Avg (Jul–Dec) 209.2530

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 10.0778 IQD (High: 230.2615 / Low: 220.1837). On the other end, February was the most stable month, with a tight range of 2.3202 IQD (High: 231.4800 / Low: 229.1598).

April Spread (Volatile) ±10.0778
February Spread (Stable) ±2.3202

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 April and May, when the average rate fell by 9.3308 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.3308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 230.1633) against the same month in 2021 (average: 224.3191), the exchange rate shifted by +5.8441 (+2.61%).

2022 Avg (March) 230.1633
2021 Avg (March) 224.3191

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 230.8959 227.7243 229.6172
February 231.4800 229.1598 230.1074
March 232.1296 228.9308 230.1633
April 230.2615 220.1837 227.2645
May 220.9387 214.9212 217.9337
June 219.5627 216.1432 218.1596
July 217.8028 215.2743 216.6028
August 217.2152 211.0412 214.8039
September 211.5942 202.9499 208.1479
October 206.2766 199.2285 203.0033
November 207.2881 199.6958 203.5632
December 211.7311 207.1632 209.3971