2021 IQD to NGN Historical Review

YEARLY HIGH

0.2830 NGN

YEARLY LOW

0.2589 NGN

YEARLY AVERAGE

0.2762 NGN

2021 IQD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.2830. Conversely, the yearly low was recorded on May 10, dropping to 0.2589.

This high-to-low spread represents a total annual volatility of 0.0241 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2652 to the December average rate of 0.2816, the exchange rate registered a net change of 6.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2830 was down 14.01% compared to the 2020 peak of 0.3291, 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 1,415 NGN

2020 Average 1,589 NGN

Yearly Trough Low 1,294 NGN

Transaction Impact: A difference of 120.59 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2837

0.2636

JanuMarcMayJulySeptNove

IQD to NGN 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 0.2707, compared to 0.2818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.2707

H2 Avg (Jul–Dec) 0.2818

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0241 NGN (High: 0.2830 / Low: 0.2589). On the other end, August was the most stable month, with a tight range of 0.0014 NGN (High: 0.2824 / Low: 0.2810).

May Spread (Volatile) ±0.0241

August Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0013 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.2768) against the same month in 2020 (average: 0.3269), the exchange rate shifted by -0.0501 (-15.33%).

2021 Avg (May) 0.2768

2020 Avg (May) 0.3269

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2709	0.2602	0.2652
February	0.2822	0.2598	0.2669
March	0.2814	0.2599	0.2656
April	0.2814	0.2598	0.2676
May	0.2830	0.2589	0.2768
June	0.2828	0.2807	0.2817
July	0.2823	0.2808	0.2819
August	0.2824	0.2810	0.2820
September	0.2825	0.2810	0.2819
October	0.2826	0.2810	0.2816
November	0.2827	0.2808	0.2816
December	0.2826	0.2807	0.2816