YEARLY HIGH
0.2342 IQD
YEARLY LOW
0.2099 IQD
YEARLY AVERAGE
0.2156 IQD

2021 PYG to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PYG to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.2342. Conversely, the yearly low was recorded on January 31, dropping to 0.2099.

This high-to-low spread represents a total annual volatility of 0.0244 IQD. From a start-to-finish perspective, comparing the January average rate of 0.2118 to the December average rate of 0.2141, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2342 was up 7.94% compared to the 2020 peak of 0.2170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,171 IQD
2020 Average 886 IQD
Yearly Trough Low 1,049 IQD
Transaction Impact: A difference of 121.87 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2301
0.2089
JanuMarcMayJulySeptNove

PYG 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 0.2189, compared to 0.2123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.2189
H2 Avg (Jul–Dec) 0.2123

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0110 IQD (High: 0.2214 / Low: 0.2104). On the other end, October was the most stable month, with a tight range of 0.0008 IQD (High: 0.2117 / Low: 0.2108).

February Spread (Volatile) ±0.0110
October Spread (Stable) ±0.0008

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 April and May, when the average rate fell by 0.0106 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.2284) against the same month in 2020 (average: 0.1831), the exchange rate shifted by +0.0453 (+24.75%).

2021 Avg (April) 0.2284
2020 Avg (April) 0.1831

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2134 0.2099 0.2118
February 0.2214 0.2104 0.2169
March 0.2266 0.2187 0.2221
April 0.2342 0.2239 0.2284
May 0.2248 0.2142 0.2178
June 0.2185 0.2151 0.2163
July 0.2163 0.2107 0.2134
August 0.2113 0.2101 0.2107
September 0.2126 0.2105 0.2116
October 0.2117 0.2108 0.2113
November 0.2138 0.2115 0.2127
December 0.2153 0.2122 0.2141