YEARLY HIGH
0.0837 NPR
YEARLY LOW
0.0790 NPR
YEARLY AVERAGE
0.0809 NPR

2021 IQD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0837. Conversely, the yearly low was recorded on March 23, dropping to 0.0790.

This high-to-low spread represents a total annual volatility of 0.0047 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0800 to the December average rate of 0.0825, the exchange rate registered a net change of 3.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0837 was down 19.08% compared to the 2020 peak of 0.1034, 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 418 NPR
2020 Average 495 NPR
Yearly Trough Low 395 NPR
Transaction Impact: A difference of 23.41 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0828
0.0793
JanuMarcMayJulySeptNove

IQD to NPR 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 0.0803, compared to 0.0816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0803
H2 Avg (Jul–Dec) 0.0816

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0024 NPR (High: 0.0825 / Low: 0.0801). On the other end, July was the most stable month, with a tight range of 0.0007 NPR (High: 0.0821 / Low: 0.0814).

April Spread (Volatile) ±0.0024
July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0825) against the same month in 2020 (average: 0.0941), the exchange rate shifted by -0.0116 (-12.32%).

2021 Avg (December) 0.0825
2020 Avg (December) 0.0941

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0803 0.0797 0.0800
February 0.0802 0.0792 0.0796
March 0.0806 0.0790 0.0796
April 0.0825 0.0801 0.0815
May 0.0813 0.0794 0.0802
June 0.0815 0.0798 0.0806
July 0.0821 0.0814 0.0817
August 0.0816 0.0800 0.0813
September 0.0813 0.0801 0.0806
October 0.0827 0.0813 0.0821
November 0.0823 0.0811 0.0816
December 0.0837 0.0815 0.0825