YEARLY HIGH
0.0150 MXN
YEARLY LOW
0.0134 MXN
YEARLY AVERAGE
0.0139 MXN

2021 IQD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0150. Conversely, the yearly low was recorded on January 20, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0016 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0137 to the December average rate of 0.0143, the exchange rate registered a net change of 4.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0150 was down 29.43% compared to the 2020 peak of 0.0213, 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 75 MXN
2020 Average 90 MXN
Yearly Trough Low 67 MXN
Transaction Impact: A difference of 8.03 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0144
0.0136
JanuMarcMayJulySeptNove

IQD to MXN 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 0.0138, compared to 0.0140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0138
H2 Avg (Jul–Dec) 0.0140

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0011 MXN (High: 0.0150 / Low: 0.0139). On the other end, July was the most stable month, with a tight range of 0.0003 MXN (High: 0.0138 / Low: 0.0136).

November Spread (Volatile) ±0.0011
July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0143) against the same month in 2020 (average: 0.0171), the exchange rate shifted by -0.0028 (-16.38%).

2021 Avg (November) 0.0143
2020 Avg (November) 0.0171

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0141 0.0134 0.0137
February 0.0143 0.0136 0.0139
March 0.0147 0.0140 0.0142
April 0.0139 0.0136 0.0137
May 0.0139 0.0135 0.0137
June 0.0142 0.0135 0.0137
July 0.0138 0.0136 0.0137
August 0.0140 0.0136 0.0138
September 0.0141 0.0136 0.0137
October 0.0143 0.0138 0.0140
November 0.0150 0.0139 0.0143
December 0.0147 0.0140 0.0143