YEARLY HIGH
1.4226 BIF
YEARLY LOW
1.3548 BIF
YEARLY AVERAGE
1.3989 BIF

2022 IQD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 1.4226. Conversely, the yearly low was recorded on January 31, dropping to 1.3548.

This high-to-low spread represents a total annual volatility of 0.0678 BIF. From a start-to-finish perspective, comparing the January average rate of 1.3720 to the December average rate of 1.4156, the exchange rate registered a net change of 3.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.4226 was up 3.54% compared to the 2021 peak of 1.3740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,113 BIF
2021 Average 6,762 BIF
Yearly Trough Low 6,774 BIF
Transaction Impact: A difference of 338.77 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.4199
1.3677
JanuMarcMayJulySeptNove

IQD to BIF 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 1.3870, compared to 1.4107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0237 points.

H1 Avg (Jan–Jun) 1.3870
H2 Avg (Jul–Dec) 1.4107

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0359 BIF (High: 1.4054 / Low: 1.3696). On the other end, December was the most stable month, with a tight range of 0.0110 BIF (High: 1.4199 / Low: 1.4089).

March Spread (Volatile) ±0.0359
December Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0022 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 1.4104) against the same month in 2021 (average: 1.3650), the exchange rate shifted by +0.0454 (+3.32%).

2022 Avg (October) 1.4104
2021 Avg (October) 1.3650

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3823 1.3548 1.3720
February 1.3890 1.3690 1.3755
March 1.4054 1.3696 1.3862
April 1.4066 1.3771 1.3917
May 1.4085 1.3784 1.3933
June 1.4102 1.3906 1.4034
July 1.4149 1.3979 1.4097
August 1.4131 1.3986 1.4075
September 1.4150 1.4018 1.4089
October 1.4226 1.4027 1.4104
November 1.4182 1.4048 1.4122
December 1.4199 1.4089 1.4156