YEARLY HIGH
0.0354 IQD
YEARLY LOW
0.0340 IQD
YEARLY AVERAGE
0.0345 IQD

2022 IRR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IRR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0354. Conversely, the yearly low was recorded on September 18, dropping to 0.0340.

This high-to-low spread represents a total annual volatility of 0.0014 IQD. From a start-to-finish perspective, comparing the January average rate of 0.0345 to the December average rate of 0.0350, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0354 was up 1.39% compared to the 2021 peak of 0.0349, 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 177 IQD
2021 Average 173 IQD
Yearly Trough Low 170 IQD
Transaction Impact: A difference of 6.89 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0351
0.0344
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 0.0345, compared to 0.0345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0345
H2 Avg (Jul–Dec) 0.0345

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.0010 IQD (High: 0.0354 / Low: 0.0344). On the other end, May was the most stable month, with a tight range of 0.0002 IQD (High: 0.0346 / Low: 0.0344).

December Spread (Volatile) ±0.0010
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0350) against the same month in 2021 (average: 0.0345), the exchange rate shifted by +0.0005 (+1.32%).

2022 Avg (December) 0.0350
2021 Avg (December) 0.0345

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0346 0.0344 0.0345
February 0.0347 0.0343 0.0345
March 0.0347 0.0344 0.0345
April 0.0347 0.0345 0.0345
May 0.0346 0.0344 0.0345
June 0.0348 0.0344 0.0345
July 0.0345 0.0343 0.0344
August 0.0346 0.0344 0.0345
September 0.0347 0.0340 0.0345
October 0.0347 0.0341 0.0345
November 0.0345 0.0341 0.0344
December 0.0354 0.0344 0.0350