YEARLY HIGH
1019.1362 IQD
YEARLY LOW
812.0585 IQD
YEARLY AVERAGE
928.4970 IQD

2022 NZD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 1019.1362. Conversely, the yearly low was recorded on October 15, dropping to 812.0585.

This high-to-low spread represents a total annual volatility of 207.0776 IQD. From a start-to-finish perspective, comparing the January average rate of 983.6038 to the December average rate of 927.9235, the exchange rate registered a net change of -5.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1019.1362 was down 6.25% compared to the 2021 peak of 1087.1151, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,095,681 IQD
2021 Average 5,162,975 IQD
Yearly Trough Low 4,060,293 IQD
Transaction Impact: A difference of 1,035,388.21 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1021.2968
812.8875
JanuMarcMayJulySeptNove

NZD 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 968.5916, compared to 888.4024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 80.1892 points.

H1 Avg (Jan–Jun) 968.5916
H2 Avg (Jul–Dec) 888.4024

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 80.3859 IQD (High: 921.4696 / Low: 841.0836). On the other end, February was the most stable month, with a tight range of 23.3875 IQD (High: 988.4352 / Low: 965.0477).

November Spread (Volatile) ±80.3859
February Spread (Stable) ±23.3875

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 50.9560 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -50.9560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 1003.9293) against the same month in 2021 (average: 1041.8507), the exchange rate shifted by -37.9214 (-3.64%).

2022 Avg (March) 1003.9293
2021 Avg (March) 1041.8507

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1001.7462 955.0088 983.6038
February 988.4352 965.0477 974.1384
March 1019.1362 984.6876 1003.9293
April 1013.8415 942.4523 986.2651
May 956.5289 911.3291 935.3091
June 957.4520 907.7432 928.3037
July 918.9519 891.4439 905.0175
August 942.3641 891.4667 913.6923
September 897.4242 817.3077 866.4344
October 852.7788 812.0585 830.2550
November 921.4696 841.0836 887.0915
December 942.2276 912.3365 927.9235