YEARLY HIGH
12.1810 IQD
YEARLY LOW
10.9827 IQD
YEARLY AVERAGE
11.5027 IQD

2021 ISK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 12.1810. Conversely, the yearly low was recorded on November 16, dropping to 10.9827.

This high-to-low spread represents a total annual volatility of 1.1983 IQD. From a start-to-finish perspective, comparing the January average rate of 11.3751 to the December average rate of 11.2235, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.1810 was up 5.87% compared to the 2020 peak of 11.5058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,905 IQD
2020 Average 44,358 IQD
Yearly Trough Low 54,913 IQD
Transaction Impact: A difference of 5,991.37 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.0397
11.0898
JanuMarcMayJulySeptNove

ISK 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 11.6065, compared to 11.3989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2076 points.

H1 Avg (Jan–Jun) 11.6065
H2 Avg (Jul–Dec) 11.3989

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.5213 IQD (High: 12.1153 / Low: 11.5941). On the other end, December was the most stable month, with a tight range of 0.1308 IQD (High: 11.2846 / Low: 11.1538).

May Spread (Volatile) ±0.5213
December Spread (Stable) ±0.1308

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2284 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2284

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 11.9605) against the same month in 2020 (average: 8.7774), the exchange rate shifted by +3.1832 (+36.27%).

2021 Avg (June) 11.9605
2020 Avg (June) 8.7774

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.5427 11.2592 11.3751
February 11.5742 11.2079 11.3879
March 11.6701 11.3238 11.4742
April 11.9223 11.4313 11.5931
May 12.1153 11.5941 11.8483
June 12.1810 11.7955 11.9605
July 11.8526 11.5507 11.7321
August 11.7999 11.3905 11.5696
September 11.5424 11.1813 11.3925
October 11.3986 11.2227 11.3068
November 11.2856 10.9827 11.1690
December 11.2846 11.1538 11.2235