MZN to IQD Historical Rates

Analyze long-term market trends and access daily historical data for the MZN/IQD pair.

10-YEAR HIGH
26.3276 IQD
10-YEAR LOW
14.8126 IQD
10-YEAR AVERAGE
20.0388 IQD

10-Year MZN to IQD Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the MZN to IQD exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on April 16, 2021, when the pair was valued at 26.3276. Conversely, the absolute lowest rate of the decade was recorded on October 4, 2016, dropping to a support floor of 14.8126.

This peak-to-trough range represents a total macro spread of 11.5151 IQD. From a long-term perspective, comparing the decade's oldest annual average of 15.6474 (in 2016) to the newest annual average of 20.4965 (in 2026), the exchange rate registered a net shift of +30.99%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 21.3364, showing a variance of 2.5767 points compared to the older 5-year average of 18.7596.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 MZN over the decade:

Decade Peak High 131,638 IQD
10-Year Average 100,194 IQD
Decade Trough Low 74,063 IQD
Macro Timing Impact: A difference of 57,575.32 IQD purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

26.4655
13.9642
201620182020202220242026

MZN to IQD Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 18.7596, compared to 21.3364 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 2.5767 points.

Older 5 Yrs Avg 18.7596
Recent 5 Yrs Avg 21.3364

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2021, with a trading range of 6.9412 IQD (High: 26.3276 / Low: 19.3864). Conversely, 2026 was the most stable year, with a range of 0.3661 IQD (High: 20.7071 / Low: 20.3411).

2021 Spread (Volatile) ±6.9412
2026 Spread (Stable) ±0.3661

Decade Growth & Declines

Macro Trends

Between 2016 and 2018, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2019 and 2020, when the average rate fell by 1.7598 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -1.7598

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 15.6474) against the newest annual average (2026: 20.4965), the exchange rate shifted by +4.8491 (+30.99%).

2016 Baseline Avg 15.6474
2026 Current Avg 20.4965

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-31 20.4147
2026-07-30 20.3680
2026-07-29 20.4976
2026-07-28 20.4992
2026-07-27 20.5044
2026-07-26 20.5073
2026-07-25 20.5063
2026-07-24 20.5174
2026-07-23 20.4830
2026-07-22 20.5119
2026-07-21 20.5316
2026-07-20 20.5114
2026-07-19 20.4757
2026-07-18 20.4776
2026-07-17 20.5053
2026-07-16 20.4516
2026-07-15 20.4596
2026-07-14 20.5340
2026-07-13 20.5390
2026-07-12 20.5214
2026-07-11 20.4930
2026-07-10 20.4871
2026-07-09 20.4846
2026-07-08 20.5188
2026-07-07 20.4864
2026-07-06 20.5259
2026-07-05 20.5057
2026-07-04 20.5079
2026-07-03 20.4733
2026-07-02 20.5031
2026-07-01 20.5078

Browse by Year

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