YEARLY HIGH
365.0038 IQD
YEARLY LOW
343.7838 IQD
YEARLY AVERAGE
352.4536 IQD

2021 MYR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 365.0038. Conversely, the yearly low was recorded on August 21, dropping to 343.7838.

This high-to-low spread represents a total annual volatility of 21.2200 IQD. From a start-to-finish perspective, comparing the January average rate of 362.0371 to the December average rate of 346.6680, the exchange rate registered a net change of -4.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 365.0038 was up 0.84% compared to the 2020 peak of 361.9609, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 7,300,076 IQD
2020 Average 5,704,765 IQD
Yearly Trough Low 6,875,676 IQD
Transaction Impact: A difference of 424,400.56 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

363.6531
344.2616
JanuMarcMayJulySeptNove

MYR 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 356.5893, compared to 348.3180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.2713 points.

H1 Avg (Jan–Jun) 356.5893
H2 Avg (Jul–Dec) 348.3180

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 9.0319 IQD (High: 360.8438 / Low: 351.8119). On the other end, February was the most stable month, with a tight range of 3.7241 IQD (High: 362.6551 / Low: 358.9310).

March Spread (Volatile) ±9.0319
February Spread (Stable) ±3.7241

Growth Streaks & Declines

Trends

Between August and October, 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 5.9980 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.9980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 362.0371) against the same month in 2020 (average: 292.3061), the exchange rate shifted by +69.7310 (+23.86%).

2021 Avg (January) 362.0371
2020 Avg (January) 292.3061

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 365.0038 360.2493 362.0371
February 362.6551 358.9310 360.9092
March 360.8438 351.8119 355.3702
April 357.0993 351.8268 354.0033
May 358.0223 352.0992 353.9930
June 355.5258 350.8889 353.2228
July 351.3014 344.6049 347.2248
August 350.9660 343.7838 345.8775
September 352.9332 348.2186 350.4239
October 352.5718 348.3464 350.6008
November 351.8656 344.1097 349.1127
December 349.7694 344.6404 346.6680