2022 MDL to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MDL to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MDL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 82.2414. Conversely, the yearly low was recorded on September 18, dropping to 74.4581.
This high-to-low spread represents a total annual volatility of 7.7832 IQD. From a start-to-finish perspective, comparing the January average rate of 81.4377 to the December average rate of 75.5629, the exchange rate registered a net change of -7.21% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 82.2414 was down 3.75% compared to the 2021 peak of 85.4461, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 79.2627, compared to 75.6326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6301 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 2.7637 IQD (High: 79.2086 / Low: 76.4449). On the other end, August was the most stable month, with a tight range of 0.8204 IQD (High: 76.2330 / Low: 75.4125).
Growth Streaks & Declines
TrendsBetween September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.0302 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 81.4377) against the same month in 2021 (average: 84.7777), the exchange rate shifted by -3.3400 (-3.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 82.2414 | 80.9181 | 81.4377 |
| February | 82.0457 | 79.7819 | 81.5584 |
| March | 80.8772 | 79.1314 | 79.5786 |
| April | 79.9054 | 78.7318 | 79.3032 |
| May | 79.2086 | 76.4449 | 77.2731 |
| June | 77.0215 | 75.8390 | 76.4254 |
| July | 76.4265 | 75.4915 | 75.7963 |
| August | 76.2330 | 75.4125 | 75.8539 |
| September | 75.8232 | 74.4581 | 75.2840 |
| October | 75.8623 | 74.6044 | 75.3767 |
| November | 76.4566 | 75.2893 | 75.9220 |
| December | 76.3400 | 74.5216 | 75.5629 |