YEARLY HIGH
1087.1151 IQD
YEARLY LOW
979.8743 IQD
YEARLY AVERAGE
1032.7998 IQD

2021 NZD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 1087.1151. Conversely, the yearly low was recorded on December 20, dropping to 979.8743.

This high-to-low spread represents a total annual volatility of 107.2409 IQD. From a start-to-finish perspective, comparing the January average rate of 1050.6093 to the December average rate of 990.7656, the exchange rate registered a net change of -5.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1087.1151 was up 3.12% compared to the 2020 peak of 1054.1802, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,435,576 IQD
2020 Average 3,897,177 IQD
Yearly Trough Low 4,899,371 IQD
Transaction Impact: A difference of 536,204.42 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1065.2122
983.9977
JanuMarcMayJulySeptNove

NZD 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 1047.0336, compared to 1018.5660 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 28.4676 points.

H1 Avg (JanтАУJun) 1047.0336
H2 Avg (JulтАУDec) 1018.5660

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 52.2535 IQD (High: 1047.5882 / Low: 995.3346). On the other end, December was the most stable month, with a tight range of 19.0965 IQD (High: 998.9708 / Low: 979.8743).

November Spread (Volatile) ┬▒52.2535
December Spread (Stable) ┬▒19.0965

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 31.8853 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -31.8853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1058.4444) against the same month in 2020 (average: 761.5485), the exchange rate shifted by +296.8958 (+38.99%).

2021 Avg (February) 1058.4444
2020 Avg (February) 761.5485

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 1066.7550 1038.9739 1050.6093
February 1087.1151 1045.1893 1058.4444
March 1064.8500 1017.1078 1041.8507
April 1061.3402 1023.6116 1039.5789
May 1068.6009 1045.4752 1055.2991
June 1058.9329 1012.9299 1036.4192
July 1028.6442 1009.0950 1019.4571
August 1028.5666 994.5904 1018.1424
September 1043.1636 1003.1834 1030.3965
October 1050.7461 1008.2598 1029.9837
November 1047.5882 995.3346 1022.6509
December 998.9708 979.8743 990.7656