2022 EGP to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 EGP to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the EGP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 93.4379. Conversely, the yearly low was recorded on December 29, dropping to 58.9422.
This high-to-low spread represents a total annual volatility of 34.4957 IQD. From a start-to-finish perspective, comparing the January average rate of 92.8355 to the December average rate of 59.2224, the exchange rate registered a net change of -36.21% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 93.4379 was down 0.38% compared to the 2021 peak of 93.7981, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 85.0369, compared to 70.0550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.9818 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 14.8209 IQD (High: 93.4379 / Low: 78.6170). On the other end, December was the most stable month, with a tight range of 0.5104 IQD (High: 59.4526 / Low: 58.9422).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 12.9215 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 88.1436) against the same month in 2021 (average: 93.0228), the exchange rate shifted by -4.8792 (-5.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 93.0572 | 92.4110 | 92.8355 |
| February | 93.3439 | 92.0376 | 92.8109 |
| March | 93.4379 | 78.6170 | 88.1436 |
| April | 80.0339 | 78.5191 | 79.2591 |
| May | 79.9518 | 78.4111 | 79.1728 |
| June | 78.5755 | 77.5922 | 77.9995 |
| July | 77.6440 | 76.7254 | 77.1953 |
| August | 76.9261 | 75.8399 | 76.2700 |
| September | 75.9276 | 74.2386 | 75.2504 |
| October | 74.7260 | 60.3970 | 72.6568 |
| November | 60.5859 | 59.2204 | 59.7353 |
| December | 59.4526 | 58.9422 | 59.2224 |