YEARLY HIGH
0.9928 KRW
YEARLY LOW
0.8125 KRW
YEARLY AVERAGE
0.8846 KRW

2022 IQD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 0.9928. Conversely, the yearly low was recorded on January 12, dropping to 0.8125.

This high-to-low spread represents a total annual volatility of 0.1803 KRW. From a start-to-finish perspective, comparing the January average rate of 0.8196 to the December average rate of 0.8863, the exchange rate registered a net change of 8.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9928 was up 20.61% compared to the 2021 peak of 0.8232, 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 4,964 KRW
2021 Average 3,921 KRW
Yearly Trough Low 4,063 KRW
Transaction Impact: A difference of 901.47 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9945
0.8037
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 0.8443, compared to 0.9248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0805 points.

H1 Avg (Jan–Jun) 0.8443
H2 Avg (Jul–Dec) 0.9248

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0815 KRW (High: 0.9766 / Low: 0.8951). On the other end, February was the most stable month, with a tight range of 0.0097 KRW (High: 0.8266 / Low: 0.8169).

November Spread (Volatile) ±0.0815
February Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0506 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.9786) against the same month in 2021 (average: 0.8099), the exchange rate shifted by +0.1687 (+20.83%).

2022 Avg (October) 0.9786
2021 Avg (October) 0.8099

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8298 0.8125 0.8196
February 0.8266 0.8169 0.8209
March 0.8512 0.8244 0.8362
April 0.8721 0.8321 0.8462
May 0.8845 0.8480 0.8680
June 0.8926 0.8503 0.8753
July 0.9054 0.8874 0.8957
August 0.9259 0.8880 0.9047
September 0.9865 0.9289 0.9556
October 0.9928 0.9644 0.9786
November 0.9766 0.8951 0.9280
December 0.9042 0.8635 0.8863