YEARLY HIGH
37.2170 IQD
YEARLY LOW
6.4508 IQD
YEARLY AVERAGE
33.4224 IQD

2021 ETB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 37.2170. Conversely, the yearly low was recorded on December 27, dropping to 6.4508.

This high-to-low spread represents a total annual volatility of 30.7662 IQD. From a start-to-finish perspective, comparing the January average rate of 37.0969 to the December average rate of 29.2729, the exchange rate registered a net change of -21.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 37.2170 was down 1.30% compared to the 2020 peak of 37.7071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 186,085 IQD
2020 Average 171,892 IQD
Yearly Trough Low 32,254 IQD
Transaction Impact: A difference of 153,830.96 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

37.8793
28.4905
JanuMarcMayJulySeptNove

ETB 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 35.4551, compared to 31.3898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.0652 points.

H1 Avg (Jan–Jun) 35.4551
H2 Avg (Jul–Dec) 31.3898

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 24.0543 IQD (High: 30.5051 / Low: 6.4508). On the other end, January was the most stable month, with a tight range of 0.2245 IQD (High: 37.2170 / Low: 36.9925).

December Spread (Volatile) ±24.0543
January Spread (Stable) ±0.2245

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 November and December, when the average rate fell by 1.4428 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -1.4428

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 37.0969) against the same month in 2020 (average: 37.1834), the exchange rate shifted by -0.0864 (-0.23%).

2021 Avg (January) 37.0969
2020 Avg (January) 37.1834

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.2170 36.9925 37.0969
February 37.1287 36.1571 36.6727
March 36.4237 35.3354 36.0802
April 35.6085 34.7037 35.0585
May 34.7967 33.5208 34.2548
June 33.9327 33.2665 33.5672
July 33.3621 32.8788 33.1068
August 33.0719 31.9386 32.3430
September 32.0589 31.4001 31.6898
October 31.5909 30.8391 31.2106
November 30.8995 30.2595 30.7157
December 30.5051 6.4508 29.2729