YEARLY HIGH
401.4602 IQD
YEARLY LOW
365.6913 IQD
YEARLY AVERAGE
381.0383 IQD

2022 PEN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PEN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 401.4602. Conversely, the yearly low was recorded on October 24, dropping to 365.6913.

This high-to-low spread represents a total annual volatility of 35.7690 IQD. From a start-to-finish perspective, comparing the January average rate of 374.8774 to the December average rate of 381.7007, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 401.4602 was down 1.08% compared to the 2021 peak of 405.8549, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,007,301 IQD
2021 Average 1,884,964 IQD
Yearly Trough Low 1,828,456 IQD
Transaction Impact: A difference of 178,844.92 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

393.3387
364.7658
JanuMarcMayJulySeptNove

PEN 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 386.7138, compared to 375.3628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.3510 points.

H1 Avg (Jan–Jun) 386.7138
H2 Avg (Jul–Dec) 375.3628

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 21.0042 IQD (High: 401.4602 / Low: 380.4560). On the other end, October was the most stable month, with a tight range of 3.4221 IQD (High: 369.1133 / Low: 365.6913).

April Spread (Volatile) ±21.0042
October Spread (Stable) ±3.4221

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 June and July, when the average rate fell by 15.5845 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -15.5845

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 390.9576) against the same month in 2021 (average: 395.6897), the exchange rate shifted by -4.7321 (-1.20%).

2022 Avg (April) 390.9576
2021 Avg (April) 395.6897

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 380.7722 365.8236 374.8774
February 391.8810 377.1269 384.9762
March 394.4632 385.1878 390.5177
April 401.4602 380.4560 390.9576
May 398.8526 379.9668 388.9664
June 393.9271 385.0680 389.9875
July 381.2302 367.7714 374.4030
August 381.8820 371.4154 377.1726
September 379.1153 366.6960 375.1994
October 369.1133 365.6913 367.1469
November 383.3485 366.9462 376.5540
December 383.9884 377.6635 381.7007