YEARLY HIGH
0.8232 KRW
YEARLY LOW
0.7395 KRW
YEARLY AVERAGE
0.7840 KRW

2021 IQD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 0.8232. Conversely, the yearly low was recorded on January 2, dropping to 0.7395.

This high-to-low spread represents a total annual volatility of 0.0837 KRW. From a start-to-finish perspective, comparing the January average rate of 0.7522 to the December average rate of 0.8112, the exchange rate registered a net change of 7.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8232 was down 22.31% compared to the 2020 peak of 1.0596, 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 4,116 KRW
2020 Average 4,930 KRW
Yearly Trough Low 3,697 KRW
Transaction Impact: A difference of 418.41 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8190
0.7461
JanuMarcMayJulySeptNove

IQD to KRW 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 0.7651, compared to 0.8029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0378 points.

H1 Avg (Jan–Jun) 0.7651
H2 Avg (Jul–Dec) 0.8029

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0266 KRW (High: 0.7661 / Low: 0.7395). On the other end, December was the most stable month, with a tight range of 0.0132 KRW (High: 0.8163 / Low: 0.8031).

January Spread (Volatile) ±0.0266
December Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0073 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.8129) against the same month in 2020 (average: 0.9358), the exchange rate shifted by -0.1229 (-13.14%).

2021 Avg (November) 0.8129
2020 Avg (November) 0.9358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7661 0.7395 0.7522
February 0.7712 0.7551 0.7612
March 0.7815 0.7556 0.7737
April 0.7751 0.7586 0.7665
May 0.7782 0.7593 0.7681
June 0.7777 0.7590 0.7691
July 0.7910 0.7749 0.7847
August 0.8070 0.7826 0.7952
September 0.8140 0.7924 0.8035
October 0.8206 0.8004 0.8099
November 0.8232 0.8069 0.8129
December 0.8163 0.8031 0.8112