2022 MWK to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MWK to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MWK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 1.8256. Conversely, the yearly low was recorded on July 23, dropping to 1.4149.
This high-to-low spread represents a total annual volatility of 0.4107 IQD. From a start-to-finish perspective, comparing the January average rate of 1.7882 to the December average rate of 1.4246, the exchange rate registered a net change of -20.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 1.8256 was down 3.82% compared to the 2021 peak of 1.8980, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MWK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MWK 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 1.7469, compared to 1.4242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3227 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 0.3696 IQD (High: 1.7916 / Low: 1.4219). On the other end, November was the most stable month, with a tight range of 0.0052 IQD (High: 1.4266 / Low: 1.4214).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2867 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 1.8106) against the same month in 2021 (average: 1.8776), the exchange rate shifted by -0.0670 (-3.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.7955 | 1.7833 | 1.7882 |
| February | 1.8256 | 1.7868 | 1.8106 |
| March | 1.8161 | 1.7834 | 1.8002 |
| April | 1.8036 | 1.7859 | 1.7931 |
| May | 1.7952 | 1.7445 | 1.7879 |
| June | 1.7916 | 1.4219 | 1.5013 |
| July | 1.4314 | 1.4149 | 1.4225 |
| August | 1.4349 | 1.4200 | 1.4253 |
| September | 1.4317 | 1.4183 | 1.4244 |
| October | 1.4412 | 1.4202 | 1.4249 |
| November | 1.4266 | 1.4214 | 1.4237 |
| December | 1.4357 | 1.4210 | 1.4246 |