YEARLY HIGH
12.6600 IQD
YEARLY LOW
11.9514 IQD
YEARLY AVERAGE
12.3569 IQD

2021 NPR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 12.6600. Conversely, the yearly low was recorded on December 15, dropping to 11.9514.

This high-to-low spread represents a total annual volatility of 0.7085 IQD. From a start-to-finish perspective, comparing the January average rate of 12.4997 to the December average rate of 12.1149, the exchange rate registered a net change of -3.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.6600 was up 1.25% compared to the 2020 peak of 12.5033, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,300 IQD
2020 Average 50,545 IQD
Yearly Trough Low 59,757 IQD
Transaction Impact: A difference of 3,542.66 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.6072
12.0702
JanuMarcMayJulySeptNove

NPR 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 12.4623, compared to 12.2516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2107 points.

H1 Avg (Jan–Jun) 12.4623
H2 Avg (Jul–Dec) 12.2516

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.3649 IQD (High: 12.4890 / Low: 12.1240). On the other end, July was the most stable month, with a tight range of 0.1009 IQD (High: 12.2809 / Low: 12.1800).

April Spread (Volatile) ±0.3649
July Spread (Stable) ±0.1009

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.2834 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2834

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 12.5603) against the same month in 2020 (average: 10.0185), the exchange rate shifted by +2.5418 (+25.37%).

2021 Avg (March) 12.5603
2020 Avg (March) 10.0185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.5545 12.4459 12.4997
February 12.6257 12.4653 12.5625
March 12.6600 12.4030 12.5603
April 12.4890 12.1240 12.2769
May 12.5873 12.3031 12.4686
June 12.5325 12.2710 12.4055
July 12.2809 12.1800 12.2445
August 12.4990 12.2531 12.3045
September 12.4899 12.2961 12.4083
October 12.3065 12.0900 12.1853
November 12.3277 12.1482 12.2520
December 12.2695 11.9514 12.1149