2022 IQD to NGN Historical Review

YEARLY HIGH

0.3075 NGN

YEARLY LOW

0.2818 NGN

YEARLY AVERAGE

0.2902 NGN

2022 IQD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.3075. Conversely, the yearly low was recorded on January 2, dropping to 0.2818.

This high-to-low spread represents a total annual volatility of 0.0257 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2835 to the December average rate of 0.3050, the exchange rate registered a net change of 7.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3075 was up 8.66% compared to the 2021 peak of 0.2830, 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 1,537 NGN

2021 Average 1,381 NGN

Yearly Trough Low 1,409 NGN

Transaction Impact: A difference of 128.40 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3071

0.2814

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 0.2845, compared to 0.2959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0113 points.

H1 Avg (Jan–Jun) 0.2845

H2 Avg (Jul–Dec) 0.2959

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0090 NGN (High: 0.2977 / Low: 0.2887). On the other end, March was the most stable month, with a tight range of 0.0010 NGN (High: 0.2856 / Low: 0.2847).

September Spread (Volatile) ±0.0090

March Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between May and December, 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 0.0004 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.3050) against the same month in 2021 (average: 0.2816), the exchange rate shifted by +0.0234 (+8.30%).

2022 Avg (December) 0.3050

2021 Avg (December) 0.2816

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2849	0.2818	0.2835
February	0.2867	0.2846	0.2851
March	0.2856	0.2847	0.2849
April	0.2854	0.2826	0.2845
May	0.2848	0.2829	0.2844
June	0.2876	0.2828	0.2847
July	0.2917	0.2839	0.2871
August	0.2919	0.2840	0.2882
September	0.2977	0.2887	0.2937
October	0.3025	0.2958	0.2985
November	0.3042	0.3007	0.3027
December	0.3075	0.3039	0.3050