YEARLY HIGH
29.3976 IRR
YEARLY LOW
28.2530 IRR
YEARLY AVERAGE
28.9567 IRR

2022 IQD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 29.3976. Conversely, the yearly low was recorded on December 17, dropping to 28.2530.

This high-to-low spread represents a total annual volatility of 1.1447 IRR. From a start-to-finish perspective, comparing the January average rate of 28.9595 to the December average rate of 28.5696, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 29.3976 was up 1.10% compared to the 2021 peak of 29.0779, 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 146,988 IRR
2021 Average 144,365 IRR
Yearly Trough Low 141,265 IRR
Transaction Impact: A difference of 5,723.26 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

29.0984
28.5216
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 28.9673, compared to 28.9462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0211 points.

H1 Avg (Jan–Jun) 28.9673
H2 Avg (Jul–Dec) 28.9462

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.8172 IRR (High: 29.0701 / Low: 28.2530). On the other end, May was the most stable month, with a tight range of 0.1263 IRR (High: 29.0632 / Low: 28.9369).

December Spread (Volatile) ±0.8172
May Spread (Stable) ±0.1263

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.4807 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 29.0235) against the same month in 2021 (average: 28.9113), the exchange rate shifted by +0.1122 (+0.39%).

2022 Avg (September) 29.0235
2021 Avg (September) 28.9113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.0906 28.9185 28.9595
February 29.1529 28.8327 28.9553
March 29.0289 28.7864 28.9502
April 29.0206 28.7885 28.9696
May 29.0632 28.9369 28.9877
June 29.0838 28.7758 28.9815
July 29.1495 28.9526 29.0355
August 29.0285 28.8673 28.9803
September 29.3976 28.8343 29.0235
October 29.3451 28.8174 29.0176
November 29.3587 28.9664 29.0503
December 29.0701 28.2530 28.5696