2022 MZN to IQD Historical Review

YEARLY HIGH

23.0045 IQD

YEARLY LOW

22.5711 IQD

YEARLY AVERAGE

22.8569 IQD

2022 MZN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MZN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 23.0045. Conversely, the yearly low was recorded on September 18, dropping to 22.5711.

This high-to-low spread represents a total annual volatility of 0.4333 IQD. From a start-to-finish perspective, comparing the January average rate of 22.8568 to the December average rate of 22.8585, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 23.0045 was down 12.62% compared to the 2021 peak of 26.3276, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 115,022 IQD

2021 Average 112,116 IQD

Yearly Trough Low 112,856 IQD

Transaction Impact: A difference of 2,166.73 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

22.8849

22.8254

JanuMarcMayJulySeptNove

MZN 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 22.8669, compared to 22.8468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0201 points.

H1 Avg (Jan–Jun) 22.8669

H2 Avg (Jul–Dec) 22.8468

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.4138 IQD (High: 22.9849 / Low: 22.5711). On the other end, December was the most stable month, with a tight range of 0.0912 IQD (High: 22.9178 / Low: 22.8266).

September Spread (Volatile) ±0.4138

December Spread (Stable) ±0.0912

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0385 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 22.8649) against the same month in 2021 (average: 23.3556), the exchange rate shifted by -0.4907 (-2.10%).

2022 Avg (June) 22.8649

2021 Avg (June) 23.3556

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.8841	22.7464	22.8568
February	22.9499	22.7050	22.8604
March	22.9683	22.8301	22.8755
April	22.9851	22.8463	22.8799
May	22.9278	22.8354	22.8640
June	23.0045	22.8319	22.8649
July	22.8976	22.7525	22.8396
August	22.9739	22.8294	22.8688
September	22.9849	22.5711	22.8303
October	22.9713	22.6025	22.8463
November	22.8739	22.5832	22.8374
December	22.9178	22.8266	22.8585