2021 IQD to ZAR Historical Review

YEARLY HIGH

0.0112 ZAR

YEARLY LOW

0.0092 ZAR

YEARLY AVERAGE

0.0101 ZAR

2021 IQD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0112. Conversely, the yearly low was recorded on June 6, dropping to 0.0092.

This high-to-low spread represents a total annual volatility of 0.0020 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0109, the exchange rate registered a net change of 5.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0112 was down 30.99% compared to the 2020 peak of 0.0162, 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 56 ZAR

2020 Average 69 ZAR

Yearly Trough Low 46 ZAR

Transaction Impact: A difference of 9.80 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0110

0.0094

JanuMarcMayJulySeptNove

IQD to ZAR 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 0.0100, compared to 0.0103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0100

H2 Avg (Jul–Dec) 0.0103

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0009 ZAR (High: 0.0112 / Low: 0.0102). On the other end, April was the most stable month, with a tight range of 0.0003 ZAR (High: 0.0100 / Low: 0.0097).

November Spread (Volatile) ±0.0009

April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0107) against the same month in 2020 (average: 0.0130), the exchange rate shifted by -0.0024 (-18.16%).

2021 Avg (November) 0.0107

2020 Avg (November) 0.0130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0106	0.0100	0.0103
February	0.0104	0.0099	0.0101
March	0.0106	0.0100	0.0103
April	0.0100	0.0097	0.0099
May	0.0099	0.0094	0.0096
June	0.0098	0.0092	0.0095
July	0.0102	0.0097	0.0099
August	0.0105	0.0098	0.0101
September	0.0104	0.0097	0.0100
October	0.0104	0.0099	0.0102
November	0.0112	0.0102	0.0107
December	0.0111	0.0106	0.0109