2011 MMK to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 MMK to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the MMK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 182.6516. Conversely, the yearly low was recorded on June 16, dropping to 179.1850.
This high-to-low spread represents a total annual volatility of 3.4666 IQD. From a start-to-finish perspective, comparing the January average rate of 180.3975 to the December average rate of 180.4286, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 182.6516 was up 0.07% compared to the 2010 peak of 182.5201, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MMK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
MMK 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 180.2668, compared to 180.7503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4834 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was July, with a trading range of 3.1983 IQD (High: 182.4747 / Low: 179.2764). On the other end, June was the most stable month, with a tight range of 0.3743 IQD (High: 179.5593 / Low: 179.1850).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.6060 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2011: 180.9280) against the same month in 2010 (average: 179.4054), the exchange rate shifted by +1.5226 (+0.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 181.0166 | 179.2213 | 180.3975 |
| February | 181.0709 | 180.6361 | 180.9615 |
| March | 181.0937 | 179.4063 | 180.6992 |
| April | 181.1080 | 179.3766 | 180.2987 |
| May | 180.9936 | 179.2056 | 179.8059 |
| June | 179.5593 | 179.1850 | 179.4382 |
| July | 182.4747 | 179.2764 | 180.0189 |
| August | 182.4187 | 179.3071 | 180.7752 |
| September | 182.6200 | 179.6549 | 181.4784 |
| October | 182.5043 | 179.5218 | 180.8724 |
| November | 182.6516 | 179.5527 | 180.9280 |
| December | 182.2591 | 179.3133 | 180.4286 |