2021 GMD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GMD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GMD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 28.6792. Conversely, the yearly low was recorded on December 17, dropping to 27.6149.
This high-to-low spread represents a total annual volatility of 1.0643 IQD. From a start-to-finish perspective, comparing the January average rate of 28.3020 to the December average rate of 27.7978, the exchange rate registered a net change of -1.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 28.6792 was up 1.53% compared to the 2020 peak of 28.2465, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
GMD 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 28.4667, compared to 28.2238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2429 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was September, with a trading range of 0.4746 IQD (High: 28.5336 / Low: 28.0590). On the other end, June was the most stable month, with a tight range of 0.0880 IQD (High: 28.5924 / Low: 28.5044).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2230 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 28.5252) against the same month in 2020 (average: 23.1806), the exchange rate shifted by +5.3446 (+23.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.3981 | 28.1995 | 28.3020 |
| February | 28.4993 | 28.3253 | 28.4080 |
| March | 28.5589 | 28.3571 | 28.4760 |
| April | 28.6484 | 28.4379 | 28.5400 |
| May | 28.6792 | 28.2814 | 28.5252 |
| June | 28.5924 | 28.5044 | 28.5491 |
| July | 28.5714 | 28.4331 | 28.5217 |
| August | 28.6257 | 28.4850 | 28.5344 |
| September | 28.5336 | 28.0590 | 28.3848 |
| October | 28.3527 | 28.0291 | 28.1618 |
| November | 28.0769 | 27.8241 | 27.9424 |
| December | 27.8747 | 27.6149 | 27.7978 |