2022 PKR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PKR to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PKR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 8.3686. Conversely, the yearly low was recorded on September 17, dropping to 6.0882.
This high-to-low spread represents a total annual volatility of 2.2804 IQD. From a start-to-finish perspective, comparing the January average rate of 8.2659 to the December average rate of 6.4833, the exchange rate registered a net change of -21.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 8.3686 was down 13.31% compared to the 2021 peak of 9.6539, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
PKR 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 7.8772, compared to 6.5528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3243 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 1.0283 IQD (High: 7.1327 / Low: 6.1044). On the other end, December was the most stable month, with a tight range of 0.0840 IQD (High: 6.5266 / Low: 6.4426).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4211 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 8.3093) against the same month in 2021 (average: 9.1653), the exchange rate shifted by -0.8559 (-9.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.2953 | 8.1907 | 8.2659 |
| February | 8.3686 | 8.2231 | 8.3093 |
| March | 8.2166 | 7.9958 | 8.1134 |
| April | 8.0535 | 7.7898 | 7.9075 |
| May | 7.8645 | 7.2086 | 7.5296 |
| June | 7.3873 | 6.8906 | 7.1371 |
| July | 7.1327 | 6.1044 | 6.7160 |
| August | 6.8359 | 6.1098 | 6.6207 |
| September | 6.6987 | 6.0882 | 6.3353 |
| October | 6.7223 | 6.3948 | 6.6024 |
| November | 6.6154 | 6.5027 | 6.5592 |
| December | 6.5266 | 6.4426 | 6.4833 |