YEARLY HIGH
0.0075 NOK
YEARLY LOW
0.0059 NOK
YEARLY AVERAGE
0.0066 NOK

2022 IQD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0075. Conversely, the yearly low was recorded on March 30, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0016 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0068, the exchange rate registered a net change of 11.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0075 was up 18.35% compared to the 2021 peak of 0.0063, 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 37 NOK
2021 Average 29 NOK
Yearly Trough Low 29 NOK
Transaction Impact: A difference of 7.91 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0074
0.0059
JanuMarcMayJulySeptNove

IQD to NOK 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 0.0063, compared to 0.0069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0063
H2 Avg (Jul–Dec) 0.0069

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0007 NOK (High: 0.0075 / Low: 0.0067). On the other end, February was the most stable month, with a tight range of 0.0002 NOK (High: 0.0062 / Low: 0.0060).

September Spread (Volatile) ±0.0007
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0070) against the same month in 2021 (average: 0.0059), the exchange rate shifted by +0.0011 (+18.51%).

2022 Avg (September) 0.0070
2021 Avg (September) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0062 0.0059 0.0061
February 0.0062 0.0060 0.0061
March 0.0062 0.0059 0.0060
April 0.0065 0.0060 0.0061
May 0.0068 0.0063 0.0066
June 0.0069 0.0064 0.0067
July 0.0070 0.0066 0.0068
August 0.0068 0.0065 0.0067
September 0.0075 0.0067 0.0070
October 0.0075 0.0070 0.0072
November 0.0073 0.0067 0.0069
December 0.0069 0.0067 0.0068