YEARLY HIGH
702.8309 IQD
YEARLY LOW
621.1195 IQD
YEARLY AVERAGE
667.4842 IQD

2022 FJD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FJD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 702.8309. Conversely, the yearly low was recorded on October 22, dropping to 621.1195.

This high-to-low spread represents a total annual volatility of 81.7114 IQD. From a start-to-finish perspective, comparing the January average rate of 685.0862 to the December average rate of 661.3141, the exchange rate registered a net change of -3.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 702.8309 was down 3.62% compared to the 2021 peak of 729.2543, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,514,154 IQD
2021 Average 3,529,726 IQD
Yearly Trough Low 3,105,597 IQD
Transaction Impact: A difference of 408,556.89 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

700.0744
626.4203
JanuMarcMayJulySeptNove

FJD 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 682.5673, compared to 652.4010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 30.1663 points.

H1 Avg (Jan–Jun) 682.5673
H2 Avg (Jul–Dec) 652.4010

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 37.5298 IQD (High: 689.3529 / Low: 651.8230). On the other end, February was the most stable month, with a tight range of 8.9033 IQD (High: 687.5853 / Low: 678.6820).

August Spread (Volatile) ±37.5298
February Spread (Stable) ±8.9033

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 April and May, when the average rate fell by 18.7540 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -18.7540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 693.9365) against the same month in 2021 (average: 714.2154), the exchange rate shifted by -20.2789 (-2.84%).

2022 Avg (March) 693.9365
2021 Avg (March) 714.2154

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 691.5638 674.5958 685.0862
February 687.5853 678.6820 683.3681
March 702.8309 683.6089 693.9365
April 700.8834 674.6212 690.2913
May 682.1403 656.1941 671.5372
June 684.3661 658.3649 671.1847
July 667.2798 652.0658 659.9677
August 689.3529 651.8230 664.4243
September 659.5827 627.1560 646.1781
October 641.8605 621.1195 632.5581
November 662.3082 630.9148 649.9639
December 668.5461 653.0725 661.3141