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MMK to IQD Historical Rates

Analyze long-term market trends and access daily historical data for the MMK/IQD pair.

10-YEAR HIGH
1.1092 IQD
10-YEAR LOW
0.4032 IQD
10-YEAR AVERAGE
0.7673 IQD

10-Year MMK to IQD Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the MMK to IQD exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on January 6, 2021, when the pair was valued at 1.1092. Conversely, the absolute lowest rate of the decade was recorded on July 20, 2024, dropping to a support floor of 0.4032.

This peak-to-trough range represents a total macro spread of 0.7061 IQD. From a long-term perspective, comparing the decade's oldest annual average of 0.9215 (in 2016) to the newest annual average of 0.6237 (in 2026), the exchange rate registered a net shift of -32.31%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 0.6726, showing a variance of 0.1880 points compared to the older 5-year average of 0.8606.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 MMK over the decade:

Decade Peak High 5,546 IQD
10-Year Average 3,837 IQD
Decade Trough Low 2,016 IQD
Macro Timing Impact: A difference of 3,530.34 IQD purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

1.1580
0.4700
201620182020202220242026

MMK to IQD Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 0.8606, compared to 0.6726 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.1880 points.

Older 5 Yrs Avg 0.8606
Recent 5 Yrs Avg 0.6726

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2021, with a trading range of 0.3664 IQD (High: 1.1092 / Low: 0.7428). Conversely, 2026 was the most stable year, with a range of 0.0097 IQD (High: 0.6287 / Low: 0.6191).

2021 Spread (Volatile) ±0.3664
2026 Spread (Stable) ±0.0097

Decade Growth & Declines

Macro Trends

Between 2019 and 2021, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2021 and 2022, when the average rate fell by 0.1559 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -0.1559

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 0.9215) against the newest annual average (2026: 0.6237), the exchange rate shifted by -0.2977 (-32.31%).

2016 Baseline Avg 0.9215
2026 Current Avg 0.6237

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-30 0.6200
2026-07-29 0.6239
2026-07-28 0.6239
2026-07-27 0.6240
2026-07-26 0.6241
2026-07-25 0.6241
2026-07-24 0.6245
2026-07-23 0.6235
2026-07-22 0.6243
2026-07-21 0.6243
2026-07-20 0.6235
2026-07-19 0.6231
2026-07-18 0.6233
2026-07-17 0.6241
2026-07-16 0.6225
2026-07-15 0.6226
2026-07-14 0.6250
2026-07-13 0.6250
2026-07-12 0.6245
2026-07-11 0.6236
2026-07-10 0.6235
2026-07-09 0.6234
2026-07-08 0.6245
2026-07-07 0.6234
2026-07-06 0.6241
2026-07-05 0.6240
2026-07-04 0.6242
2026-07-03 0.6231
2026-07-02 0.6240
2026-07-01 0.6237

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