YEARLY HIGH
11.7563 IQD
YEARLY LOW
9.8105 IQD
YEARLY AVERAGE
10.8202 IQD

2022 ISK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 11.7563. Conversely, the yearly low was recorded on November 3, dropping to 9.8105.

This high-to-low spread represents a total annual volatility of 1.9457 IQD. From a start-to-finish perspective, comparing the January average rate of 11.3140 to the December average rate of 10.2616, the exchange rate registered a net change of -9.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 11.7563 was down 3.49% compared to the 2021 peak of 12.1810, 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 58,781 IQD
2021 Average 57,517 IQD
Yearly Trough Low 49,053 IQD
Transaction Impact: A difference of 9,728.69 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

11.8242
9.9722
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 11.2982, compared to 10.3423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9559 points.

H1 Avg (Jan–Jun) 11.2982
H2 Avg (Jul–Dec) 10.3423

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.6544 IQD (High: 11.4974 / Low: 10.8430). On the other end, December was the most stable month, with a tight range of 0.1882 IQD (High: 10.3473 / Low: 10.1591).

May Spread (Volatile) ±0.6544
December Spread (Stable) ±0.1882

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4607 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4607

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 11.6699) against the same month in 2021 (average: 11.3879), the exchange rate shifted by +0.2820 (+2.48%).

2022 Avg (February) 11.6699
2021 Avg (February) 11.3879

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4361 11.1556 11.3140
February 11.7563 11.4627 11.6699
March 11.4729 10.8519 11.2092
April 11.4397 11.1205 11.3004
May 11.4974 10.8430 11.1490
June 11.4461 10.9234 11.1466
July 10.9280 10.5207 10.6925
August 10.8020 10.3008 10.5373
September 10.5433 10.0443 10.2948
October 10.3172 10.0151 10.1409
November 10.3726 9.8105 10.1265
December 10.3473 10.1591 10.2616