2021 IQD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 IQD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |