YEARLY HIGH
7.0539 GNF
YEARLY LOW
6.3699 GNF
YEARLY AVERAGE
6.7410 GNF

2021 IQD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 7.0539. Conversely, the yearly low was recorded on December 17, dropping to 6.3699.

This high-to-low spread represents a total annual volatility of 0.6840 GNF. From a start-to-finish perspective, comparing the January average rate of 6.9799 to the December average rate of 6.4469, the exchange rate registered a net change of -7.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.0539 was down 16.02% compared to the 2020 peak of 8.3990, 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 35,269 GNF
2020 Average 40,200 GNF
Yearly Trough Low 31,849 GNF
Transaction Impact: A difference of 3,420.13 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.0332
6.3936
JanuMarcMayJulySeptNove

IQD to GNF 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 6.8572, compared to 6.6248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2324 points.

H1 Avg (Jan–Jun) 6.8572
H2 Avg (Jul–Dec) 6.6248

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.2188 GNF (High: 7.0310 / Low: 6.8122). On the other end, September was the most stable month, with a tight range of 0.0222 GNF (High: 6.7103 / Low: 6.6881).

January Spread (Volatile) ±0.2188
September Spread (Stable) ±0.0222

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1230 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.1230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 6.9630) against the same month in 2020 (average: 7.9479), the exchange rate shifted by -0.9849 (-12.39%).

2021 Avg (February) 6.9630
2020 Avg (February) 7.9479

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.0310 6.8122 6.9799
February 7.0539 6.8855 6.9630
March 6.9376 6.8547 6.8929
April 6.8638 6.7709 6.8291
May 6.8508 6.7169 6.7541
June 6.7440 6.7020 6.7242
July 6.7482 6.6908 6.7229
August 6.7223 6.6854 6.7007
September 6.7103 6.6881 6.6979
October 6.6941 6.5993 6.6516
November 6.5942 6.4406 6.5286
December 6.5164 6.3699 6.4469