YEARLY HIGH
0.0349 IQD
YEARLY LOW
0.0344 IQD
YEARLY AVERAGE
0.0346 IQD

2021 IRR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IRR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.0349. Conversely, the yearly low was recorded on May 8, dropping to 0.0344.

This high-to-low spread represents a total annual volatility of 0.0005 IQD. From a start-to-finish perspective, comparing the January average rate of 0.0347 to the December average rate of 0.0345, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0349 was up 0.55% compared to the 2020 peak of 0.0347, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IRR based on timing:

Yearly Peak High 175 IQD
2020 Average 142 IQD
Yearly Trough Low 172 IQD
Transaction Impact: A difference of 2.59 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0347
0.0345
JanuMarcMayJulySeptNove

IRR to IQD 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 0.0347, compared to 0.0346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0347
H2 Avg (Jul–Dec) 0.0346

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0005 IQD (High: 0.0349 / Low: 0.0344). On the other end, September was the most stable month, with a tight range of 0.0001 IQD (High: 0.0346 / Low: 0.0345).

May Spread (Volatile) ±0.0005
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.0347) against the same month in 2020 (average: 0.0283), the exchange rate shifted by +0.0064 (+22.72%).

2021 Avg (May) 0.0347
2020 Avg (May) 0.0283

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0349 0.0347 0.0347
February 0.0347 0.0346 0.0347
March 0.0347 0.0346 0.0347
April 0.0347 0.0345 0.0347
May 0.0349 0.0344 0.0347
June 0.0347 0.0346 0.0347
July 0.0347 0.0345 0.0346
August 0.0347 0.0345 0.0346
September 0.0346 0.0345 0.0346
October 0.0346 0.0345 0.0346
November 0.0346 0.0345 0.0345
December 0.0348 0.0344 0.0345