YEARLY HIGH
0.5117 IQD
YEARLY LOW
0.4250 IQD
YEARLY AVERAGE
0.4692 IQD

2022 MNT to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MNT to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 0.5117. Conversely, the yearly low was recorded on November 12, dropping to 0.4250.

This high-to-low spread represents a total annual volatility of 0.0867 IQD. From a start-to-finish perspective, comparing the January average rate of 0.5102 to the December average rate of 0.4286, the exchange rate registered a net change of -15.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5117 was down 0.74% compared to the 2021 peak of 0.5156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,559 IQD
2021 Average 2,560 IQD
Yearly Trough Low 2,125 IQD
Transaction Impact: A difference of 433.73 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5183
0.4205
JanuMarcMayJulySeptNove

MNT 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 0.4932, compared to 0.4452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0480 points.

H1 Avg (Jan–Jun) 0.4932
H2 Avg (Jul–Dec) 0.4452

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0205 IQD (High: 0.5046 / Low: 0.4840). On the other end, December was the most stable month, with a tight range of 0.0017 IQD (High: 0.4298 / Low: 0.4281).

April Spread (Volatile) ±0.0205
December Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0164 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.5095) against the same month in 2021 (average: 0.5120), the exchange rate shifted by -0.0025 (-0.48%).

2022 Avg (February) 0.5095
2021 Avg (February) 0.5120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5111 0.5077 0.5102
February 0.5117 0.5057 0.5095
March 0.5106 0.5030 0.5065
April 0.5046 0.4840 0.4905
May 0.4806 0.4698 0.4741
June 0.4737 0.4665 0.4686
July 0.4666 0.4619 0.4642
August 0.4636 0.4549 0.4587
September 0.4557 0.4462 0.4523
October 0.4482 0.4284 0.4383
November 0.4319 0.4250 0.4291
December 0.4298 0.4281 0.4286