2021 MGA to IQD Historical Review

YEARLY HIGH

0.3938 IQD

YEARLY LOW

0.3656 IQD

YEARLY AVERAGE

0.3792 IQD

2021 MGA to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 0.3938. Conversely, the yearly low was recorded on November 22, dropping to 0.3656.

This high-to-low spread represents a total annual volatility of 0.0282 IQD. From a start-to-finish perspective, comparing the January average rate of 0.3840 to the December average rate of 0.3680, the exchange rate registered a net change of -4.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3938 was up 3.15% compared to the 2020 peak of 0.3818, 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 1,969 IQD

2020 Average 1,572 IQD

Yearly Trough Low 1,828 IQD

Transaction Impact: A difference of 140.90 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3905

0.3646

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 0.3865, compared to 0.3718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.3865

H2 Avg (Jul–Dec) 0.3718

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0159 IQD (High: 0.3879 / Low: 0.3719). On the other end, November was the most stable month, with a tight range of 0.0026 IQD (High: 0.3682 / Low: 0.3656).

July Spread (Volatile) ±0.0159

November Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0062 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.3883) against the same month in 2020 (average: 0.3217), the exchange rate shifted by +0.0666 (+20.69%).

2021 Avg (February) 0.3883

2020 Avg (February) 0.3217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3891	0.3735	0.3840
February	0.3938	0.3852	0.3883
March	0.3911	0.3838	0.3871
April	0.3884	0.3828	0.3852
May	0.3900	0.3840	0.3884
June	0.3901	0.3781	0.3863
July	0.3879	0.3719	0.3801
August	0.3850	0.3719	0.3752
September	0.3745	0.3676	0.3715
October	0.3730	0.3670	0.3689
November	0.3682	0.3656	0.3668
December	0.3737	0.3662	0.3680