YEARLY HIGH
1.6015 TZS
YEARLY LOW
1.5691 TZS
YEARLY AVERAGE
1.5852 TZS

2021 IQD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 1.6015. Conversely, the yearly low was recorded on December 18, dropping to 1.5691.

This high-to-low spread represents a total annual volatility of 0.0324 TZS. From a start-to-finish perspective, comparing the January average rate of 1.5867 to the December average rate of 1.5766, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.6015 was down 18.07% compared to the 2020 peak of 1.9546, 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 8,008 TZS
2020 Average 9,675 TZS
Yearly Trough Low 7,845 TZS
Transaction Impact: A difference of 162.15 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.5903
1.5754
JanuMarcMayJulySeptNove

IQD to TZS 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 1.5877, compared to 1.5826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 1.5877
H2 Avg (Jul–Dec) 1.5826

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0235 TZS (High: 1.6015 / Low: 1.5780). On the other end, November was the most stable month, with a tight range of 0.0038 TZS (High: 1.5786 / Low: 1.5748).

May Spread (Volatile) ±0.0235
November Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0103 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 1.5880) against the same month in 2020 (average: 1.9429), the exchange rate shifted by -0.3549 (-18.27%).

2021 Avg (May) 1.5880
2020 Avg (May) 1.9429

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5894 1.5791 1.5867
February 1.5897 1.5852 1.5878
March 1.5896 1.5850 1.5873
April 1.5929 1.5810 1.5880
May 1.6015 1.5780 1.5880
June 1.5898 1.5853 1.5884
July 1.5900 1.5850 1.5890
August 1.5909 1.5866 1.5891
September 1.5897 1.5755 1.5874
October 1.5799 1.5752 1.5771
November 1.5786 1.5748 1.5767
December 1.5829 1.5691 1.5766