YEARLY HIGH
16.2146 IQD
YEARLY LOW
14.7422 IQD
YEARLY AVERAGE
15.6093 IQD

2021 CVE to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 16.2146. Conversely, the yearly low was recorded on November 25, dropping to 14.7422.

This high-to-low spread represents a total annual volatility of 1.4724 IQD. From a start-to-finish perspective, comparing the January average rate of 16.0733 to the December average rate of 14.8997, the exchange rate registered a net change of -7.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 16.2146 was down 0.06% compared to the 2020 peak of 16.2247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,073 IQD
2020 Average 61,673 IQD
Yearly Trough Low 73,711 IQD
Transaction Impact: A difference of 7,361.80 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

16.1907
14.7823
JanuMarcMayJulySeptNove

CVE 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 15.8940, compared to 15.3246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5694 points.

H1 Avg (Jan–Jun) 15.8940
H2 Avg (Jul–Dec) 15.3246

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.9268 IQD (High: 16.1561 / Low: 15.2294). On the other end, December was the most stable month, with a tight range of 0.1362 IQD (High: 14.9744 / Low: 14.8382).

June Spread (Volatile) ±0.9268
December Spread (Stable) ±0.1362

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.3001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 16.0733) against the same month in 2020 (average: 11.9614), the exchange rate shifted by +4.1119 (+34.38%).

2021 Avg (January) 16.0733
2020 Avg (January) 11.9614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.2146 15.9584 16.0733
February 16.0274 15.7899 15.9540
March 15.9184 15.4741 15.6925
April 16.0011 15.4965 15.7583
May 16.1548 15.6813 16.0121
June 16.1561 15.2294 15.8735
July 15.6572 15.4782 15.5734
August 15.6809 15.3972 15.5618
September 15.6779 15.2942 15.5479
October 15.4132 15.2407 15.3034
November 15.3011 14.7422 15.0613
December 14.9744 14.8382 14.8997