YEARLY HIGH
224.8099 IQD
YEARLY LOW
188.4127 IQD
YEARLY AVERAGE
206.8341 IQD

2022 DKK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DKK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 224.8099. Conversely, the yearly low was recorded on September 27, dropping to 188.4127.

This high-to-low spread represents a total annual volatility of 36.3972 IQD. From a start-to-finish perspective, comparing the January average rate of 222.0221 to the December average rate of 207.9182, the exchange rate registered a net change of -6.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 224.8099 was down 7.19% compared to the 2021 peak of 242.2178, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,124,050 IQD
2021 Average 1,161,275 IQD
Yearly Trough Low 942,063 IQD
Transaction Impact: A difference of 181,986.22 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

225.3881
190.0187
JanuMarcMayJulySeptNove

DKK 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 214.6463, compared to 199.0218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.6245 points.

H1 Avg (Jan–Jun) 214.6463
H2 Avg (Jul–Dec) 199.0218

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 13.4976 IQD (High: 204.5365 / Low: 191.0388). On the other end, December was the most stable month, with a tight range of 4.7501 IQD (High: 210.2225 / Low: 205.4724).

November Spread (Volatile) ±13.4976
December Spread (Stable) ±4.7501

Growth Streaks & Declines

Trends

Between October and December, 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 7.6669 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.6669

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 222.0221) against the same month in 2021 (average: 239.2248), the exchange rate shifted by -17.2027 (-7.19%).

2022 Avg (January) 222.0221
2021 Avg (January) 239.2248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 224.8099 218.4298 222.0221
February 224.6446 218.0654 222.4406
March 219.0543 212.9098 216.0231
April 217.2069 205.9198 212.4018
May 211.2561 203.5706 207.5099
June 210.9722 204.3876 207.4804
July 204.6499 196.6386 199.8135
August 202.4888 195.0042 198.6770
September 198.9119 188.4127 194.3090
October 198.1162 190.3287 192.9661
November 204.5365 191.0388 200.4474
December 210.2225 205.4724 207.9182