YEARLY HIGH
190.4057 IQD
YEARLY LOW
187.2738 IQD
YEARLY AVERAGE
188.6950 IQD

2021 GTQ to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GTQ to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 190.4057. Conversely, the yearly low was recorded on January 11, dropping to 187.2738.

This high-to-low spread represents a total annual volatility of 3.1319 IQD. From a start-to-finish perspective, comparing the January average rate of 187.6408 to the December average rate of 188.9075, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 190.4057 was up 1.54% compared to the 2020 peak of 187.5195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 952,029 IQD
2020 Average 775,328 IQD
Yearly Trough Low 936,369 IQD
Transaction Impact: A difference of 15,659.70 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

189.4536
187.4759
JanuMarcMayJulySeptNove

GTQ 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 188.8036, compared to 188.5864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2172 points.

H1 Avg (Jan–Jun) 188.8036
H2 Avg (Jul–Dec) 188.5864

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 2.6865 IQD (High: 190.4057 / Low: 187.7193). On the other end, October was the most stable month, with a tight range of 0.2131 IQD (High: 188.7528 / Low: 188.5397).

May Spread (Volatile) ±2.6865
October Spread (Stable) ±0.2131

Growth Streaks & Declines

Trends

Between July and October, 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 May and June, when the average rate fell by 0.5169 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 189.2888) against the same month in 2020 (average: 154.6445), the exchange rate shifted by +34.6443 (+22.40%).

2021 Avg (May) 189.2888
2020 Avg (May) 154.6445

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 188.3931 187.2738 187.6408
February 189.6677 187.5998 188.6235
March 189.8846 188.8559 189.2872
April 189.6019 188.4084 189.2095
May 190.4057 187.7193 189.2888
June 189.3924 188.2564 188.7720
July 188.4802 187.7071 188.2989
August 188.9369 188.2209 188.4340
September 188.8280 188.4591 188.6380
October 188.7528 188.5397 188.6383
November 188.7235 188.4209 188.6020
December 190.0505 188.2828 188.9075