YEARLY HIGH
0.1222 PKR
YEARLY LOW
0.1036 PKR
YEARLY AVERAGE
0.1116 PKR

2021 IQD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1222. Conversely, the yearly low was recorded on May 10, dropping to 0.1036.

This high-to-low spread represents a total annual volatility of 0.0187 PKR. From a start-to-finish perspective, comparing the January average rate of 0.1098 to the December average rate of 0.1216, the exchange rate registered a net change of 10.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1222 was down 13.58% compared to the 2020 peak of 0.1415, 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 611 PKR
2020 Average 676 PKR
Yearly Trough Low 518 PKR
Transaction Impact: A difference of 93.31 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1233
0.1033
JanuMarcMayJulySeptNove

IQD to PKR 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 0.1071, compared to 0.1160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.1071
H2 Avg (Jul–Dec) 0.1160

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0049 PKR (High: 0.1211 / Low: 0.1162). On the other end, January was the most stable month, with a tight range of 0.0006 PKR (High: 0.1101 / Low: 0.1096).

November Spread (Volatile) ±0.0049
January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0022 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1216) against the same month in 2020 (average: 0.1281), the exchange rate shifted by -0.0065 (-5.05%).

2021 Avg (December) 0.1216
2020 Avg (December) 0.1281

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1101 0.1096 0.1098
February 0.1098 0.1082 0.1091
March 0.1083 0.1045 0.1069
April 0.1057 0.1044 0.1049
May 0.1064 0.1036 0.1049
June 0.1084 0.1057 0.1071
July 0.1114 0.1079 0.1097
August 0.1144 0.1114 0.1129
September 0.1171 0.1145 0.1154
October 0.1200 0.1168 0.1178
November 0.1211 0.1162 0.1188
December 0.1222 0.1201 0.1216