YEARLY HIGH
0.0129 TRY
YEARLY LOW
0.0089 TRY
YEARLY AVERAGE
0.0113 TRY

2022 IQD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.0129. Conversely, the yearly low was recorded on January 3, dropping to 0.0089.

This high-to-low spread represents a total annual volatility of 0.0040 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0093 to the December average rate of 0.0128, the exchange rate registered a net change of 37.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0129 was up 13.57% compared to the 2021 peak of 0.0114, 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 64 TRY
2021 Average 30 TRY
Yearly Trough Low 45 TRY
Transaction Impact: A difference of 19.76 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0131
0.0089
JanuMarcMayJulySeptNove

IQD to TRY 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 0.0102, compared to 0.0125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0102
H2 Avg (Jul–Dec) 0.0125

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0011 TRY (High: 0.0112 / Low: 0.0101). On the other end, December was the most stable month, with a tight range of 0.0001 TRY (High: 0.0128 / Low: 0.0127).

May Spread (Volatile) ±0.0011
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0128) against the same month in 2021 (average: 0.0074), the exchange rate shifted by +0.0053 (+72.16%).

2022 Avg (November) 0.0128
2021 Avg (November) 0.0074

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0096 0.0089 0.0093
February 0.0097 0.0092 0.0094
March 0.0102 0.0095 0.0100
April 0.0102 0.0100 0.0101
May 0.0112 0.0101 0.0107
June 0.0119 0.0112 0.0116
July 0.0123 0.0115 0.0120
August 0.0125 0.0122 0.0123
September 0.0127 0.0125 0.0126
October 0.0129 0.0127 0.0127
November 0.0129 0.0127 0.0128
December 0.0128 0.0127 0.0128