YEARLY HIGH
7.2433 IQD
YEARLY LOW
3.9565 IQD
YEARLY AVERAGE
4.7505 IQD

2022 LKR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LKR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 7.2433. Conversely, the yearly low was recorded on September 20, dropping to 3.9565.

This high-to-low spread represents a total annual volatility of 3.2868 IQD. From a start-to-finish perspective, comparing the January average rate of 7.2050 to the December average rate of 3.9816, the exchange rate registered a net change of -44.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 7.2433 was down 8.16% compared to the 2021 peak of 7.8866, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,216 IQD
2021 Average 36,807 IQD
Yearly Trough Low 19,782 IQD
Transaction Impact: A difference of 16,434.02 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

7.5312
3.6546
JanuMarcMayJulySeptNove

LKR 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 5.4837, compared to 4.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4665 points.

H1 Avg (Jan–Jun) 5.4837
H2 Avg (Jul–Dec) 4.0172

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 2.3108 IQD (High: 7.2433 / Low: 4.9325). On the other end, January was the most stable month, with a tight range of 0.0376 IQD (High: 7.2293 / Low: 7.1918).

March Spread (Volatile) ±2.3108
January Spread (Stable) ±0.0376

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 1.3852 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.3852

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 5.8229) against the same month in 2021 (average: 7.4031), the exchange rate shifted by -1.5802 (-21.35%).

2022 Avg (March) 5.8229
2021 Avg (March) 7.4031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.2293 7.1918 7.2050
February 7.2267 7.1743 7.2082
March 7.2433 4.9325 5.8229
April 4.9510 4.1103 4.5224
May 4.1795 3.9986 4.0823
June 4.1792 4.0326 4.0615
July 4.1115 4.0041 4.0594
August 4.1132 3.9938 4.0486
September 4.0687 3.9565 4.0389
October 4.0569 3.9758 3.9972
November 4.0049 3.9593 3.9776
December 4.0041 3.9594 3.9816