YEARLY HIGH
108.2125 IQD
YEARLY LOW
90.0498 IQD
YEARLY AVERAGE
98.9738 IQD

2021 SZL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 108.2125. Conversely, the yearly low was recorded on December 15, dropping to 90.0498.

This high-to-low spread represents a total annual volatility of 18.1627 IQD. From a start-to-finish perspective, comparing the January average rate of 96.8789 to the December average rate of 91.9805, the exchange rate registered a net change of -5.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 108.2125 was up 8.11% compared to the 2020 peak of 100.0906, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 541,062 IQD
2020 Average 366,313 IQD
Yearly Trough Low 450,249 IQD
Transaction Impact: A difference of 90,813.40 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

106.7396
90.6388
JanuMarcMayJulySeptNove

SZL 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 100.5987, compared to 97.3489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2498 points.

H1 Avg (Jan–Jun) 100.5987
H2 Avg (Jul–Dec) 97.3489

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 7.3868 IQD (High: 103.5914 / Low: 96.2046). On the other end, April was the most stable month, with a tight range of 3.4888 IQD (High: 102.5177 / Low: 99.0289).

September Spread (Volatile) ±7.3868
April Spread (Stable) ±3.4888

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 4.6764 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.6764

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 105.3979) against the same month in 2020 (average: 69.5583), the exchange rate shifted by +35.8396 (+51.52%).

2021 Avg (June) 105.3979
2020 Avg (June) 69.5583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 100.0671 94.4480 96.8789
February 101.0913 96.9486 98.9025
March 99.4222 94.0391 97.4951
April 102.5177 99.0289 101.0829
May 106.0313 100.9168 103.8351
June 108.2125 102.0546 105.3979
July 102.8969 98.0901 100.7215
August 101.5496 95.3383 98.5836
September 103.5914 96.2046 100.4299
October 100.8695 96.0729 98.1804
November 97.3290 90.3267 94.1976
December 94.0091 90.0498 91.9805