2026 MZN to IQD Historical Review

YEARLY HIGH

20.7071 IQD

YEARLY LOW

20.3411 IQD

YEARLY AVERAGE

20.4931 IQD

2026 MZN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the MZN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 20.7071. Conversely, the yearly low was recorded on January 24, dropping to 20.3411.

This high-to-low spread represents a total annual volatility of 0.3661 IQD. From a start-to-finish perspective, comparing the January average rate of 20.5088 to the December average rate of 20.4697, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 20.7071 was down 0.54% compared to the 2025 peak of 20.8197, 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 103,536 IQD

2025 Average 102,467 IQD

Yearly Trough Low 101,705 IQD

Transaction Impact: A difference of 1,830.31 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

20.5128

20.4658

JanuMarcMayJuly

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 20.4969, compared to 20.4818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 20.4969

H2 Avg (Jul–Dec) 20.4818

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.3661 IQD (High: 20.7071 / Low: 20.3411). On the other end, May was the most stable month, with a tight range of 0.0452 IQD (High: 20.5118 / Low: 20.4666).

January Spread (Volatile) ±0.3661

May Spread (Stable) ±0.0452

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0242 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 20.5088) against the same month in 2025 (average: 20.5067), the exchange rate shifted by +0.0021 (+0.01%).

2026 Avg (January) 20.5088

2025 Avg (January) 20.5067

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.7071	20.3411	20.5088
February	20.6793	20.3537	20.5018
March	20.5738	20.3916	20.4859
April	20.5689	20.4401	20.4881
May	20.5118	20.4666	20.4961
June	20.5195	20.4674	20.5006
July	20.5390	20.3680	20.4939
August	20.5138	20.4368	20.4697