YEARLY HIGH
0.3693 IQD
YEARLY LOW
0.3260 IQD
YEARLY AVERAGE
0.3540 IQD

2022 MGA to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MGA to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.3693. Conversely, the yearly low was recorded on December 31, dropping to 0.3260.

This high-to-low spread represents a total annual volatility of 0.0433 IQD. From a start-to-finish perspective, comparing the January average rate of 0.3667 to the December average rate of 0.3303, the exchange rate registered a net change of -9.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3693 was down 6.22% compared to the 2021 peak of 0.3938, 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 1,847 IQD
2021 Average 1,895 IQD
Yearly Trough Low 1,630 IQD
Transaction Impact: A difference of 216.59 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3703
0.3267
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 0.3639, compared to 0.3440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0199 points.

H1 Avg (Jan–Jun) 0.3639
H2 Avg (Jul–Dec) 0.3440

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0115 IQD (High: 0.3579 / Low: 0.3464). On the other end, February was the most stable month, with a tight range of 0.0035 IQD (High: 0.3672 / Low: 0.3637).

July Spread (Volatile) ±0.0115
February Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0085 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.3667) against the same month in 2021 (average: 0.3840), the exchange rate shifted by -0.0174 (-4.52%).

2022 Avg (January) 0.3667
2021 Avg (January) 0.3840

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3693 0.3644 0.3667
February 0.3672 0.3637 0.3660
March 0.3660 0.3609 0.3632
April 0.3664 0.3610 0.3633
May 0.3666 0.3608 0.3635
June 0.3661 0.3577 0.3607
July 0.3579 0.3464 0.3521
August 0.3553 0.3466 0.3498
September 0.3546 0.3440 0.3491
October 0.3487 0.3400 0.3440
November 0.3413 0.3346 0.3386
December 0.3346 0.3260 0.3303