2022 IQD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
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.
Comparing the value generated converting 5,000 IQD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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 28.9673, 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |