YEARLY HIGH
0.0045 CNY
YEARLY LOW
0.0043 CNY
YEARLY AVERAGE
0.0044 CNY

2021 IQD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0045. Conversely, the yearly low was recorded on December 18, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0002 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0044 to the December average rate of 0.0044, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0045 was down 25.21% compared to the 2020 peak of 0.0060, 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 23 CNY
2020 Average 29 CNY
Yearly Trough Low 22 CNY
Transaction Impact: A difference of 0.84 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0045
0.0044
JanuMarcMayJulySeptNove

IQD to CNY 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 0.0044, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0044
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0001 CNY (High: 0.0044 / Low: 0.0044). On the other end, September was the most stable month, with a tight range of 0.0000 CNY (High: 0.0044 / Low: 0.0044).

May Spread (Volatile) ±0.0001
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0045) against the same month in 2020 (average: 0.0059), the exchange rate shifted by -0.0015 (-24.73%).

2021 Avg (April) 0.0045
2020 Avg (April) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0044 0.0044 0.0044
February 0.0044 0.0044 0.0044
March 0.0045 0.0044 0.0045
April 0.0045 0.0044 0.0045
May 0.0044 0.0044 0.0044
June 0.0044 0.0044 0.0044
July 0.0045 0.0044 0.0044
August 0.0045 0.0044 0.0044
September 0.0044 0.0044 0.0044
October 0.0044 0.0044 0.0044
November 0.0044 0.0044 0.0044
December 0.0044 0.0043 0.0044