2021 MKD to IQD Historical Review

YEARLY HIGH

29.2205 IQD

YEARLY LOW

26.5129 IQD

YEARLY AVERAGE

28.0444 IQD

2021 MKD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 29.2205. Conversely, the yearly low was recorded on November 25, dropping to 26.5129.

This high-to-low spread represents a total annual volatility of 2.7076 IQD. From a start-to-finish perspective, comparing the January average rate of 28.8756 to the December average rate of 26.7950, the exchange rate registered a net change of -7.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 29.2205 was up 0.18% compared to the 2020 peak of 29.1676, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146,103 IQD

2020 Average 110,963 IQD

Yearly Trough Low 132,565 IQD

Transaction Impact: A difference of 13,538.20 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

29.0836

26.5870

JanuMarcMayJulySeptNove

MKD 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 28.5713, compared to 27.5176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0537 points.

H1 Avg (Jan–Jun) 28.5713

H2 Avg (Jul–Dec) 27.5176

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.9888 IQD (High: 28.7811 / Low: 27.7923). On the other end, December was the most stable month, with a tight range of 0.3481 IQD (High: 27.0245 / Low: 26.6764).

April Spread (Volatile) ±0.9888

December Spread (Stable) ±0.3481

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 0.5458 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5458

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 28.8756) against the same month in 2020 (average: 21.5226), the exchange rate shifted by +7.3530 (+34.16%).

2021 Avg (January) 28.8756

2020 Avg (January) 21.5226

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	29.2205	28.6214	28.8756
February	28.8479	28.3538	28.6620
March	28.6387	27.7744	28.1996
April	28.7811	27.7923	28.3370
May	29.0580	28.4028	28.7995
June	28.9638	28.1200	28.5542
July	28.2153	27.8508	28.0084
August	28.2203	27.6589	27.8733
September	28.1487	27.4389	27.9214
October	27.6694	27.3142	27.4893
November	27.5004	26.5129	27.0180
December	27.0245	26.6764	26.7950

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा