YEARLY HIGH
474.9162 IQD
YEARLY LOW
437.5198 IQD
YEARLY AVERAGE
451.9289 IQD

2021 ILS to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 474.9162. Conversely, the yearly low was recorded on March 8, dropping to 437.5198.

This high-to-low spread represents a total annual volatility of 37.3964 IQD. From a start-to-finish perspective, comparing the January average rate of 452.5137 to the December average rate of 466.0484, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 474.9162 was up 4.41% compared to the 2020 peak of 454.8429, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,374,581 IQD
2020 Average 1,742,701 IQD
Yearly Trough Low 2,187,599 IQD
Transaction Impact: A difference of 186,982.21 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

470.2545
437.7346
JanuMarcMayJulySeptNove

ILS 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 446.8472, compared to 457.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.1635 points.

H1 Avg (Jan–Jun) 446.8472
H2 Avg (Jul–Dec) 457.0107

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 21.0288 IQD (High: 466.4723 / Low: 445.4435). On the other end, September was the most stable month, with a tight range of 4.0730 IQD (High: 456.5350 / Low: 452.4620).

January Spread (Volatile) ±21.0288
September Spread (Stable) ±4.0730

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 January and February, when the average rate fell by 6.3406 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.3406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 467.5445) against the same month in 2020 (average: 354.7477), the exchange rate shifted by +112.7969 (+31.80%).

2021 Avg (November) 467.5445
2020 Avg (November) 354.7477

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 466.4723 445.4435 452.5137
February 451.1123 440.2298 446.1730
March 444.2251 437.5198 440.4446
April 451.0809 437.6382 445.0577
May 452.1175 444.0234 448.1450
June 450.6062 445.2315 448.7488
July 452.1109 441.3923 445.9028
August 454.9912 448.9654 452.6306
September 456.5350 452.4620 455.3825
October 462.2517 450.1020 454.5554
November 474.9162 457.9206 467.5445
December 471.3800 460.5834 466.0484