YEARLY HIGH
585.8446 IQD
YEARLY LOW
559.5089 IQD
YEARLY AVERAGE
573.8000 IQD

2021 WST to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the WST to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 585.8446. Conversely, the yearly low was recorded on December 22, dropping to 559.5089.

This high-to-low spread represents a total annual volatility of 26.3357 IQD. From a start-to-finish perspective, comparing the January average rate of 581.7831 to the December average rate of 562.8010, the exchange rate registered a net change of -3.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 585.8446 was up 1.05% compared to the 2020 peak of 579.7617, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,929,223 IQD
2020 Average 2,251,668 IQD
Yearly Trough Low 2,797,544 IQD
Transaction Impact: A difference of 131,678.43 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

583.6813
560.9027
JanuMarcMayJulySeptNove

WST 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 579.2595, compared to 568.3405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.9189 points.

H1 Avg (Jan–Jun) 579.2595
H2 Avg (Jul–Dec) 568.3405

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 14.5908 IQD (High: 584.8613 / Low: 570.2705). On the other end, November was the most stable month, with a tight range of 2.5945 IQD (High: 570.4532 / Low: 567.8587).

March Spread (Volatile) ±14.5908
November Spread (Stable) ±2.5945

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 5.9326 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -5.9326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 581.7831) against the same month in 2020 (average: 453.0069), the exchange rate shifted by +128.7762 (+28.43%).

2021 Avg (January) 581.7831
2020 Avg (January) 453.0069

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 585.8446 578.0919 581.7831
February 583.5719 577.9528 581.5460
March 584.8613 570.2705 578.8228
April 577.7314 570.1164 576.0170
May 581.8996 571.9138 579.5334
June 581.8996 574.0388 577.8543
July 576.6746 569.1967 572.2960
August 572.4630 565.2116 568.7278
September 570.5503 567.0391 569.9831
October 568.5351 565.8703 567.5018
November 570.4532 567.8587 568.7335
December 569.7220 559.5089 562.8010