YEARLY HIGH
28.6792 IQD
YEARLY LOW
27.6149 IQD
YEARLY AVERAGE
28.3453 IQD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 143,396 IQD
2020 Average 116,316 IQD
Yearly Trough Low 138,075 IQD
Transaction Impact: A difference of 5,321.61 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

28.6242
27.7227
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 28.4667
H2 Avg (Jul–Dec) 28.2238

Volatility Range Comparison

Volatility

The 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).

September Spread (Volatile) ±0.4746
June Spread (Stable) ±0.0880

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2230

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2021 Avg (May) 28.5252
2020 Avg (May) 23.1806

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