YEARLY HIGH
29.0779 IRR
YEARLY LOW
28.6466 IRR
YEARLY AVERAGE
28.8727 IRR

2021 IQD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 29.0779. Conversely, the yearly low was recorded on May 10, dropping to 28.6466.

This high-to-low spread represents a total annual volatility of 0.4313 IRR. From a start-to-finish perspective, comparing the January average rate of 28.7982 to the December average rate of 28.9441, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 29.0779 was down 47.64% compared to the 2020 peak of 55.5360, 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 145,389 IRR
2020 Average 176,252 IRR
Yearly Trough Low 143,233 IRR
Transaction Impact: A difference of 2,156.63 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

28.9694
28.7827
JanuMarcMayJulySeptNove

IQD to IRR 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 28.8266, compared to 28.9188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0922 points.

H1 Avg (Jan–Jun) 28.8266
H2 Avg (Jul–Dec) 28.9188

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.4313 IRR (High: 29.0779 / Low: 28.6466). On the other end, September was the most stable month, with a tight range of 0.0699 IRR (High: 28.9554 / Low: 28.8855).

May Spread (Volatile) ±0.4313
September Spread (Stable) ±0.0699

Growth Streaks & Declines

Trends

Between May and November, 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 April and May, when the average rate fell by 0.0145 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 28.8292) against the same month in 2020 (average: 35.3788), the exchange rate shifted by -6.5496 (-18.51%).

2021 Avg (May) 28.8292
2020 Avg (May) 35.3788

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.8524 28.6774 28.7982
February 28.8671 28.7890 28.8233
March 28.9155 28.7897 28.8249
April 28.9540 28.7897 28.8437
May 29.0779 28.6466 28.8292
June 28.8817 28.7897 28.8404
July 28.9510 28.8423 28.8852
August 28.9620 28.7904 28.8960
September 28.9554 28.8855 28.9113
October 28.9684 28.8970 28.9223
November 28.9869 28.9152 28.9538
December 29.0570 28.7483 28.9441