YEARLY HIGH
138.3755 IQD
YEARLY LOW
123.2713 IQD
YEARLY AVERAGE
131.8125 IQD

2021 BWP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BWP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 138.3755. Conversely, the yearly low was recorded on December 15, dropping to 123.2713.

This high-to-low spread represents a total annual volatility of 15.1041 IQD. From a start-to-finish perspective, comparing the January average rate of 133.2577 to the December average rate of 124.5245, the exchange rate registered a net change of -6.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 138.3755 was up 2.16% compared to the 2020 peak of 135.4519, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 691,877 IQD
2020 Average 524,068 IQD
Yearly Trough Low 616,357 IQD
Transaction Impact: A difference of 75,520.72 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

137.4092
123.3532
JanuMarcMayJulySeptNove

BWP 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 134.2857, compared to 129.3394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9463 points.

H1 Avg (Jan–Jun) 134.2857
H2 Avg (Jul–Dec) 129.3394

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 5.4041 IQD (High: 128.7224 / Low: 123.3183). On the other end, December was the most stable month, with a tight range of 2.4031 IQD (High: 125.6744 / Low: 123.2713).

November Spread (Volatile) ±5.4041
December Spread (Stable) ±2.4031

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 3.6268 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.6268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 136.2379) against the same month in 2020 (average: 101.7589), the exchange rate shifted by +34.4790 (+33.88%).

2021 Avg (June) 136.2379
2020 Avg (June) 101.7589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 135.9111 131.7589 133.2577
February 135.5600 132.7692 134.0901
March 133.6518 130.1363 132.1876
April 135.3907 131.8452 134.0194
May 137.6373 133.2378 135.9214
June 138.3755 133.7025 136.2379
July 134.6762 130.9015 132.6111
August 133.5822 128.5651 131.0192
September 133.8813 128.7525 131.8380
October 131.1143 128.0532 129.7488
November 128.7224 123.3183 126.2947
December 125.6744 123.2713 124.5245