YEARLY HIGH
85.4461 IQD
YEARLY LOW
80.6078 IQD
YEARLY AVERAGE
82.7720 IQD

2021 MDL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MDL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 85.4461. Conversely, the yearly low was recorded on July 24, dropping to 80.6078.

This high-to-low spread represents a total annual volatility of 4.8383 IQD. From a start-to-finish perspective, comparing the January average rate of 84.7777 to the December average rate of 82.3422, the exchange rate registered a net change of -2.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 85.4461 was up 0.23% compared to the 2020 peak of 85.2481, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 427,231 IQD
2020 Average 347,562 IQD
Yearly Trough Low 403,039 IQD
Transaction Impact: A difference of 24,191.73 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

85.1460
80.7262
JanuMarcMayJulySeptNove

MDL 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 82.9225, compared to 82.6215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3010 points.

H1 Avg (Jan–Jun) 82.9225
H2 Avg (Jul–Dec) 82.6215

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 2.3582 IQD (High: 83.4522 / Low: 81.0940). On the other end, September was the most stable month, with a tight range of 1.0475 IQD (High: 83.6049 / Low: 82.5574).

March Spread (Volatile) ±2.3582
September Spread (Stable) ±1.0475

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 1.3565 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.3565

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 84.7777) against the same month in 2020 (average: 68.6169), the exchange rate shifted by +16.1607 (+23.55%).

2021 Avg (January) 84.7777
2020 Avg (January) 68.6169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 85.4461 83.7136 84.7777
February 84.5766 83.2211 83.8921
March 83.4522 81.0940 82.5356
April 82.5659 80.7605 81.5852
May 82.9268 81.3342 82.5597
June 83.2404 80.9092 82.1846
July 81.8949 80.6078 81.0945
August 83.3505 81.6625 82.5823
September 83.6049 82.5574 82.9731
October 84.5740 83.1988 83.8583
November 83.7245 82.1158 82.8785
December 82.9566 81.8222 82.3422