YEARLY HIGH
0.0050 CNY
YEARLY LOW
0.0043 CNY
YEARLY AVERAGE
0.0046 CNY

2022 IQD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 0.0050. Conversely, the yearly low was recorded on March 5, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0007 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0044 to the December average rate of 0.0048, the exchange rate registered a net change of 9.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0050 was up 11.40% compared to the 2021 peak of 0.0045, 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 25 CNY
2021 Average 22 CNY
Yearly Trough Low 22 CNY
Transaction Impact: A difference of 3.56 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0050
0.0043
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 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0044
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0002 CNY (High: 0.0049 / Low: 0.0047). On the other end, February was the most stable month, with a tight range of 0.0000 CNY (High: 0.0044 / Low: 0.0043).

September Spread (Volatile) ±0.0002
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0049) against the same month in 2021 (average: 0.0044), the exchange rate shifted by +0.0005 (+11.99%).

2022 Avg (October) 0.0049
2021 Avg (October) 0.0044

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0044 0.0043 0.0044
February 0.0044 0.0043 0.0043
March 0.0044 0.0043 0.0043
April 0.0045 0.0043 0.0044
May 0.0047 0.0045 0.0046
June 0.0046 0.0046 0.0046
July 0.0046 0.0046 0.0046
August 0.0047 0.0046 0.0047
September 0.0049 0.0047 0.0048
October 0.0050 0.0048 0.0049
November 0.0050 0.0048 0.0049
December 0.0048 0.0047 0.0048