YEARLY HIGH
2073.3219 IQD
YEARLY LOW
2033.1261 IQD
YEARLY AVERAGE
2058.6551 IQD

2022 JOD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 2073.3219. Conversely, the yearly low was recorded on November 6, dropping to 2033.1261.

This high-to-low spread represents a total annual volatility of 40.1958 IQD. From a start-to-finish perspective, comparing the January average rate of 2058.1916 to the December average rate of 2058.6964, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2073.3219 was up 0.01% compared to the 2021 peak of 2073.0752, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,366,609 IQD
2021 Average 10,297,110 IQD
Yearly Trough Low 10,165,630 IQD
Transaction Impact: A difference of 200,979.03 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2060.6214
2056.6449
JanuMarcMayJulySeptNove

JOD 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 2059.2410, compared to 2058.0693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1717 points.

H1 Avg (Jan–Jun) 2059.2410
H2 Avg (Jul–Dec) 2058.0693

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 37.2933 IQD (High: 2071.5591 / Low: 2034.2658). On the other end, May was the most stable month, with a tight range of 3.9376 IQD (High: 2061.5060 / Low: 2057.5684).

September Spread (Volatile) ±37.2933
May Spread (Stable) ±3.9376

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 2.9725 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.9725

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 2059.7721) against the same month in 2021 (average: 2059.3836), the exchange rate shifted by +0.3885 (+0.02%).

2022 Avg (June) 2059.7721
2021 Avg (June) 2059.3836

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2060.6488 2048.4586 2058.1916
February 2066.7813 2044.0868 2058.3862
March 2068.4415 2055.6628 2059.8428
April 2069.9598 2056.9659 2060.2900
May 2061.5060 2057.5684 2058.9633
June 2073.3219 2055.0549 2059.7721
July 2062.2307 2049.1632 2056.9763
August 2069.1960 2057.3987 2060.1855
September 2071.5591 2034.2658 2057.2131
October 2070.3305 2035.5023 2058.2869
November 2060.2604 2033.1261 2057.0573
December 2064.6394 2056.4201 2058.6964