YEARLY HIGH
0.6080 IQD
YEARLY LOW
0.5237 IQD
YEARLY AVERAGE
0.5802 IQD

2011 MGA to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MGA to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.6080. Conversely, the yearly low was recorded on December 31, dropping to 0.5237.

This high-to-low spread represents a total annual volatility of 0.0843 IQD. From a start-to-finish perspective, comparing the January average rate of 0.5615 to the December average rate of 0.5463, the exchange rate registered a net change of -2.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6080 was up 2.44% compared to the 2010 peak of 0.5935, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,040 IQD
2010 Average 2,790 IQD
Yearly Trough Low 2,618 IQD
Transaction Impact: A difference of 421.39 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6075
0.5407
JanuMarcMayJulySeptNove

MGA 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 0.5877, compared to 0.5727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 0.5877
H2 Avg (Jul–Dec) 0.5727

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.0383 IQD (High: 0.5620 / Low: 0.5237). On the other end, November was the most stable month, with a tight range of 0.0089 IQD (High: 0.5597 / Low: 0.5508).

December Spread (Volatile) ±0.0383
November Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0239 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 0.6019) against the same month in 2010 (average: 0.5346), the exchange rate shifted by +0.0673 (+12.59%).

2011 Avg (June) 0.6019
2010 Avg (June) 0.5346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5752 0.5452 0.5615
February 0.5890 0.5761 0.5831
March 0.5937 0.5810 0.5868
April 0.6059 0.5839 0.5959
May 0.6058 0.5888 0.5968
June 0.6080 0.5975 0.6019
July 0.6069 0.5897 0.5969
August 0.6018 0.5908 0.5965
September 0.6016 0.5641 0.5830
October 0.5841 0.5518 0.5591
November 0.5597 0.5508 0.5545
December 0.5620 0.5237 0.5463