2022 PGK to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PGK to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PGK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 416.6625. Conversely, the yearly low was recorded on December 18, dropping to 408.7657.
This high-to-low spread represents a total annual volatility of 7.8968 IQD. From a start-to-finish perspective, comparing the January average rate of 414.1943 to the December average rate of 414.1035, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 416.6625 was down 0.49% compared to the 2021 peak of 418.7037, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
PGK to IQD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 413.9735, compared to 413.7697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2037 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 6.9950 IQD (High: 415.9544 / Low: 408.9594). On the other end, August was the most stable month, with a tight range of 1.2257 IQD (High: 415.3627 / Low: 414.1370).
Growth Streaks & Declines
TrendsBetween 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 May and June, when the average rate fell by 2.5246 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2022: 414.2294) against the same month in 2021 (average: 414.3450), the exchange rate shifted by -0.1156 (-0.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 416.4051 | 411.4326 | 414.1943 |
| February | 416.3934 | 412.0847 | 414.6295 |
| March | 416.0969 | 412.1003 | 414.7875 |
| April | 415.9544 | 414.1061 | 414.9201 |
| May | 415.9544 | 408.9594 | 413.9170 |
| June | 414.5459 | 408.9486 | 411.3924 |
| July | 414.4992 | 408.9373 | 411.1644 |
| August | 415.3627 | 414.1370 | 414.4894 |
| September | 416.6625 | 409.7439 | 414.2294 |
| October | 414.7727 | 409.9918 | 414.2555 |
| November | 414.9148 | 411.3478 | 414.3762 |
| December | 415.4465 | 408.7657 | 414.1035 |