YEARLY HIGH
93.7981 IQD
YEARLY LOW
92.4006 IQD
YEARLY AVERAGE
93.0208 IQD

2021 EGP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 93.7981. Conversely, the yearly low was recorded on May 8, dropping to 92.4006.

This high-to-low spread represents a total annual volatility of 1.3975 IQD. From a start-to-finish perspective, comparing the January average rate of 93.0501 to the December average rate of 92.9010, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 93.7981 was up 0.01% compared to the 2020 peak of 93.7910, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 468,991 IQD
2020 Average 378,743 IQD
Yearly Trough Low 462,003 IQD
Transaction Impact: A difference of 6,987.60 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

93.2908
92.7886
JanuMarcMayJulySeptNove

EGP 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 93.1259, compared to 92.9157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2102 points.

H1 Avg (Jan–Jun) 93.1259
H2 Avg (Jul–Dec) 92.9157

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 1.3975 IQD (High: 93.7981 / Low: 92.4006). On the other end, October was the most stable month, with a tight range of 0.2546 IQD (High: 93.0151 / Low: 92.7605).

May Spread (Volatile) ±1.3975
October Spread (Stable) ±0.2546

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 February and March, when the average rate fell by 0.2261 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 93.2192) against the same month in 2020 (average: 75.5353), the exchange rate shifted by +17.6839 (+23.41%).

2021 Avg (May) 93.2192
2020 Avg (May) 75.5353

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 93.5721 92.6759 93.0501
February 93.6951 92.8301 93.2489
March 93.4895 92.6516 93.0228
April 93.3920 92.6027 93.0187
May 93.7981 92.4006 93.2192
June 93.3893 93.0158 93.1957
July 93.1916 92.8135 92.9921
August 93.2318 92.8012 92.9528
September 93.0338 92.7724 92.9223
October 93.0151 92.7605 92.8957
November 92.9858 92.5741 92.8304
December 93.3638 92.6248 92.9010