YEARLY HIGH
179.1155 IQD
YEARLY LOW
159.3519 IQD
YEARLY AVERAGE
170.2620 IQD

2021 SEK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 179.1155. Conversely, the yearly low was recorded on December 4, dropping to 159.3519.

This high-to-low spread represents a total annual volatility of 19.7636 IQD. From a start-to-finish perspective, comparing the January average rate of 176.1721 to the December average rate of 160.5443, the exchange rate registered a net change of -8.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 179.1155 was up 0.50% compared to the 2020 peak of 178.2228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 895,578 IQD
2020 Average 652,900 IQD
Yearly Trough Low 796,759 IQD
Transaction Impact: A difference of 98,818.12 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

177.7349
158.9815
JanuMarcMayJulySeptNove

SEK 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 173.7974, compared to 166.7266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.0708 points.

H1 Avg (Jan–Jun) 173.7974
H2 Avg (Jul–Dec) 166.7266

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 11.9368 IQD (High: 171.3022 / Low: 159.3654). On the other end, December was the most stable month, with a tight range of 2.4588 IQD (High: 161.8107 / Low: 159.3519).

November Spread (Volatile) ±11.9368
December Spread (Stable) ±2.4588

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 4.5580 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.5580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 176.1721) against the same month in 2020 (average: 125.4498), the exchange rate shifted by +50.7224 (+40.43%).

2021 Avg (January) 176.1721
2020 Avg (January) 125.4498

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 179.1155 173.8831 176.1721
February 176.7796 172.6520 175.1621
March 174.1290 167.2202 171.0656
April 175.1287 167.1428 171.7245
May 176.7741 172.1478 174.9709
June 176.8692 169.5684 173.6889
July 170.8544 167.5408 169.1308
August 169.7680 165.3677 168.1401
September 170.6877 165.8820 168.9390
October 171.4537 165.5618 168.5108
November 171.3022 159.3654 165.0946
December 161.8107 159.3519 160.5443