YEARLY HIGH
188.1140 IQD
YEARLY LOW
183.7469 IQD
YEARLY AVERAGE
186.4146 IQD

2022 HKD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HKD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 188.1140. Conversely, the yearly low was recorded on September 18, dropping to 183.7469.

This high-to-low spread represents a total annual volatility of 4.3671 IQD. From a start-to-finish perspective, comparing the January average rate of 187.2871 to the December average rate of 187.4645, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 188.1140 was down 0.67% compared to the 2021 peak of 189.3752, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 4,702,850 IQD
2021 Average 4,696,222 IQD
Yearly Trough Low 4,593,672 IQD
Transaction Impact: A difference of 109,178.33 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

187.6301
185.6433
JanuMarcMayJulySeptNove

HKD 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 186.5832, compared to 186.2461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3372 points.

H1 Avg (Jan–Jun) 186.5832
H2 Avg (Jul–Dec) 186.2461

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 3.3629 IQD (High: 187.1098 / Low: 183.7469). On the other end, May was the most stable month, with a tight range of 0.3628 IQD (High: 186.2051 / Low: 185.8424).

September Spread (Volatile) ±3.3629
May Spread (Stable) ±0.3628

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.4422 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 187.4645) against the same month in 2021 (average: 187.2196), the exchange rate shifted by +0.2449 (+0.13%).

2022 Avg (December) 187.4645
2021 Avg (December) 187.2196

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 187.5426 186.2433 187.2871
February 187.8534 185.5989 187.1218
March 187.6724 186.2157 186.6796
April 187.0827 185.9373 186.3040
May 186.2051 185.8424 185.9872
June 187.2640 185.8921 186.1197
July 186.2587 185.1003 185.8089
August 186.9425 185.8389 186.1667
September 187.1098 183.7469 185.8270
October 186.9956 183.8470 185.9264
November 187.1103 183.7663 186.2829
December 188.1140 186.9237 187.4645