YEARLY HIGH
1.1092 IQD
YEARLY LOW
0.7428 IQD
YEARLY AVERAGE
0.9173 IQD

2021 MMK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.1092. Conversely, the yearly low was recorded on October 6, dropping to 0.7428.

This high-to-low spread represents a total annual volatility of 0.3664 IQD. From a start-to-finish perspective, comparing the January average rate of 1.0989 to the December average rate of 0.8201, the exchange rate registered a net change of -25.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1092 was up 0.78% compared to the 2020 peak of 1.1007, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,546 IQD
2020 Average 4,359 IQD
Yearly Trough Low 3,714 IQD
Transaction Impact: A difference of 1,832.13 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1314
0.7410
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: JanтАУJun) was 0.9993, compared to 0.8352 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1641 points.

H1 Avg (JanтАУJun) 0.9993
H2 Avg (JulтАУDec) 0.8352

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.1070 IQD (High: 0.8870 / Low: 0.7800). On the other end, June was the most stable month, with a tight range of 0.0027 IQD (High: 0.8889 / Low: 0.8862).

September Spread (Volatile) ┬▒0.1070
June Spread (Stable) ┬▒0.0027

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.1009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.0989) against the same month in 2020 (average: 0.8118), the exchange rate shifted by +0.2872 (+35.37%).

2021 Avg (January) 1.0989
2020 Avg (January) 0.8118

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 1.1092 1.0925 1.0989
February 1.1020 1.0348 1.0428
March 1.0377 1.0346 1.0362
April 1.0375 0.9375 1.0159
May 0.9434 0.8864 0.9151
June 0.8889 0.8862 0.8870
July 0.8875 0.8835 0.8865
August 0.8896 0.8863 0.8867
September 0.8870 0.7800 0.8284
October 0.8132 0.7428 0.7736
November 0.8249 0.7975 0.8161
December 0.8256 0.8159 0.8201