YEARLY HIGH
29.7050 IQD
YEARLY LOW
27.2227 IQD
YEARLY AVERAGE
28.1206 IQD

2022 ETB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 29.7050. Conversely, the yearly low was recorded on December 31, dropping to 27.2227.

This high-to-low spread represents a total annual volatility of 2.4822 IQD. From a start-to-finish perspective, comparing the January average rate of 29.4271 to the December average rate of 27.2756, the exchange rate registered a net change of -7.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 29.7050 was down 20.18% compared to the 2021 peak of 37.2170, 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 148,525 IQD
2021 Average 167,015 IQD
Yearly Trough Low 136,114 IQD
Transaction Impact: A difference of 12,411.22 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

29.6423
27.0605
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 28.6134, compared to 27.6278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9856 points.

H1 Avg (Jan–Jun) 28.6134
H2 Avg (Jul–Dec) 27.6278

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.7836 IQD (High: 29.2674 / Low: 28.4838). On the other end, December was the most stable month, with a tight range of 0.1274 IQD (High: 27.3502 / Low: 27.2227).

February Spread (Volatile) ±0.7836
December Spread (Stable) ±0.1274

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5264 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.5264

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 29.4271) against the same month in 2021 (average: 37.0969), the exchange rate shifted by -7.6698 (-20.68%).

2022 Avg (January) 29.4271
2021 Avg (January) 37.0969

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.7050 29.2968 29.4271
February 29.2674 28.4838 28.9008
March 28.7085 28.4229 28.5517
April 28.6218 28.2511 28.4239
May 28.4047 28.1016 28.2714
June 28.4275 27.9844 28.1057
July 27.9962 27.7402 27.9003
August 27.9939 27.6597 27.8083
September 27.8339 27.4776 27.7018
October 27.9062 27.3510 27.6340
November 27.5992 27.3133 27.4469
December 27.3502 27.2227 27.2756