YEARLY HIGH
0.2465 MRO
YEARLY LOW
0.0007 MRO
YEARLY AVERAGE
0.2386 MRO

2021 IQD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.2465. Conversely, the yearly low was recorded on December 29, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.2459 MRO. From a start-to-finish perspective, comparing the January average rate of 0.2442 to the December average rate of 0.1737, the exchange rate registered a net change of -28.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2465 was down 18.44% compared to the 2020 peak of 0.3023, 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 1,233 MRO
2020 Average 1,492 MRO
Yearly Trough Low 3 MRO
Transaction Impact: A difference of 1,229.30 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2518
0.1666
JanuMarcMayJulySeptNove

IQD to MRO 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 0.2444, compared to 0.2328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.2444
H2 Avg (Jul–Dec) 0.2328

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2447 MRO (High: 0.2454 / Low: 0.0007). On the other end, September was the most stable month, with a tight range of 0.0003 MRO (High: 0.2448 / Low: 0.2444).

December Spread (Volatile) ±0.2447
September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0709 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0709

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.2444) against the same month in 2020 (average: 0.2999), the exchange rate shifted by -0.0555 (-18.49%).

2021 Avg (May) 0.2444
2020 Avg (May) 0.2999

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2446 0.2432 0.2442
February 0.2448 0.2441 0.2444
March 0.2452 0.2441 0.2444
April 0.2455 0.2441 0.2446
May 0.2465 0.2429 0.2444
June 0.2446 0.2441 0.2445
July 0.2455 0.2444 0.2447
August 0.2450 0.2438 0.2446
September 0.2448 0.2444 0.2446
October 0.2449 0.2445 0.2446
November 0.2449 0.2443 0.2446
December 0.2454 0.0007 0.1737