YEARLY HIGH
42.2322 IQD
YEARLY LOW
40.9111 IQD
YEARLY AVERAGE
41.6067 IQD

2021 NIO to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NIO to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 42.2322. Conversely, the yearly low was recorded on December 21, dropping to 40.9111.

This high-to-low spread represents a total annual volatility of 1.3211 IQD. From a start-to-finish perspective, comparing the January average rate of 41.8362 to the December average rate of 41.3272, the exchange rate registered a net change of -1.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 42.2322 was up 0.74% compared to the 2020 peak of 41.9203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 211,161 IQD
2020 Average 174,067 IQD
Yearly Trough Low 204,556 IQD
Transaction Impact: A difference of 6,605.52 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

41.8871
41.2763
JanuMarcMayJulySeptNove

NIO 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 41.7195, compared to 41.4939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2256 points.

H1 Avg (Jan–Jun) 41.7195
H2 Avg (Jul–Dec) 41.4939

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.7729 IQD (High: 41.9563 / Low: 41.1834). On the other end, November was the most stable month, with a tight range of 0.0912 IQD (High: 41.4537 / Low: 41.3625).

May Spread (Volatile) ±0.7729
November Spread (Stable) ±0.0912

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1084 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 41.8049) against the same month in 2020 (average: 35.0530), the exchange rate shifted by +6.7519 (+19.26%).

2021 Avg (February) 41.8049
2020 Avg (February) 35.0530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.1013 41.7261 41.8362
February 42.2322 41.7142 41.8049
March 41.8266 41.6228 41.7254
April 41.8339 41.3743 41.7297
May 41.9563 41.1834 41.6212
June 41.8094 41.3271 41.5993
July 41.7911 41.3739 41.6402
August 41.6097 41.4665 41.5536
September 41.6004 41.4043 41.5413
October 41.5658 41.4043 41.4746
November 41.4537 41.3625 41.4262
December 41.5390 40.9111 41.3272