YEARLY HIGH
74.5881 IQD
YEARLY LOW
66.6101 IQD
YEARLY AVERAGE
72.0116 IQD

2021 MXN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 74.5881. Conversely, the yearly low was recorded on November 27, dropping to 66.6101.

This high-to-low spread represents a total annual volatility of 7.9780 IQD. From a start-to-finish perspective, comparing the January average rate of 73.2327 to the December average rate of 69.8914, the exchange rate registered a net change of -4.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 74.5881 was up 1.41% compared to the 2020 peak of 73.5500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 3,729,403 IQD
2020 Average 2,806,159 IQD
Yearly Trough Low 3,330,503 IQD
Transaction Impact: A difference of 398,899.63 IQD purely based on transaction execution date.

ट्रेंड विज़ुअलाइज़ेशन

2021 के दौरान महीने के औसत उतार-चढ़ाव।

73.5668
69.5572
JanuMarcMayJulySeptNove

MXN 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 72.3835, compared to 71.6396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7440 points.

H1 Avg (Jan–Jun) 72.3835
H2 Avg (Jul–Dec) 71.6396

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 5.1966 IQD (High: 71.8067 / Low: 66.6101). On the other end, July was the most stable month, with a tight range of 1.3618 IQD (High: 73.7695 / Low: 72.4077).

November Spread (Volatile) ±5.1966
July Spread (Stable) ±1.3618

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 February and March, when the average rate fell by 1.6074 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.6074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 73.2327) against the same month in 2020 (average: 63.3962), the exchange rate shifted by +9.8365 (+15.52%).

2021 Avg (January) 73.2327
2020 Avg (January) 63.3962

महीने का ब्रेकडाउन

हर कैलेंडर महीने के लिए स्टैटिस्टिकल समरी।

Month High Low Average
January 74.5881 71.0246 73.2327
February 73.3553 69.7331 71.9558
March 71.6837 67.9256 70.3484
April 73.6947 71.7618 72.7705
May 73.8303 72.1030 73.1287
June 74.0704 70.6424 72.8653
July 73.7695 72.4077 73.1233
August 73.4801 71.5085 72.6746
September 73.5416 70.7575 72.8760
October 72.3664 69.9892 71.3695
November 71.8067 66.6101 69.9027
December 71.3466 67.9462 69.8914