YEARLY HIGH
1.1035 NGN
YEARLY LOW
1.0228 NGN
YEARLY AVERAGE
1.0491 NGN

2026 IQD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the IQD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.1035. Conversely, the yearly low was recorded on February 18, dropping to 1.0228.

This high-to-low spread represents a total annual volatility of 0.0807 NGN. From a start-to-finish perspective, comparing the January average rate of 1.0839 to the December average rate of 1.0414, the exchange rate registered a net change of -3.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 1.1035 was down 13.94% compared to the 2025 peak of 1.2822, 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 5,517 NGN
2025 Average 5,812 NGN
Yearly Trough Low 5,114 NGN
Transaction Impact: A difference of 403.29 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

1.0886
1.0322
JanuMarcMayJuly

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 1.0505, compared to 1.0450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 1.0505
H2 Avg (Jul–Dec) 1.0450

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.0533 NGN (High: 1.1035 / Low: 1.0501). On the other end, May was the most stable month, with a tight range of 0.0033 NGN (High: 1.0504 / Low: 1.0471).

January Spread (Volatile) ±0.0533
May Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2026. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0471 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 1.0839) against the same month in 2025 (average: 1.1844), the exchange rate shifted by -0.1005 (-8.48%).

2026 Avg (January) 1.0839
2025 Avg (January) 1.1844

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1035 1.0501 1.0839
February 1.0630 1.0228 1.0369
March 1.0675 1.0339 1.0522
April 1.0554 1.0236 1.0394
May 1.0504 1.0471 1.0484
June 1.0544 1.0367 1.0425
July 1.0554 1.0405 1.0486
August 1.0446 1.0402 1.0414