YEARLY HIGH
2002.5527 IQD
YEARLY LOW
1566.2554 IQD
YEARLY AVERAGE
1806.4309 IQD

2022 FKP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 2002.5527. Conversely, the yearly low was recorded on September 27, dropping to 1566.2554.

This high-to-low spread represents a total annual volatility of 436.2973 IQD. From a start-to-finish perspective, comparing the January average rate of 1978.1144 to the December average rate of 1777.6047, the exchange rate registered a net change of -10.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2002.5527 was down 3.58% compared to the 2021 peak of 2076.9361, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,012,764 IQD
2021 Average 10,042,961 IQD
Yearly Trough Low 7,831,277 IQD
Transaction Impact: A difference of 2,181,486.59 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2011.0500
1615.8217
JanuMarcMayJulySeptNove

FKP 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 1897.2083, compared to 1715.6535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 181.5548 points.

H1 Avg (Jan–Jun) 1897.2083
H2 Avg (Jul–Dec) 1715.6535

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 140.6959 IQD (High: 1706.9513 / Low: 1566.2554). On the other end, February was the most stable month, with a tight range of 46.6733 IQD (High: 1987.3787 / Low: 1940.7053).

September Spread (Volatile) ±140.6959
February Spread (Stable) ±46.6733

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 August and September, when the average rate fell by 94.6988 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -94.6988

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 1978.1144) against the same month in 2021 (average: 1994.8298), the exchange rate shifted by -16.7155 (-0.84%).

2022 Avg (January) 1978.1144
2021 Avg (January) 1994.8298

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2002.5527 1953.8526 1978.1144
February 1987.3787 1940.7053 1975.0465
March 1955.1457 1898.4547 1922.7369
April 1917.5648 1818.6392 1890.5796
May 1844.8866 1781.1663 1817.5813
June 1837.2412 1752.6710 1799.1910
July 1777.8690 1727.3756 1751.6479
August 1789.5034 1691.8923 1747.3861
September 1706.9513 1566.2554 1652.6872
October 1699.3065 1600.1832 1648.7574
November 1768.4801 1628.8013 1715.8374
December 1813.2260 1756.1515 1777.6047