YEARLY HIGH
403.6831 IQD
YEARLY LOW
394.0559 IQD
YEARLY AVERAGE
400.6743 IQD

2021 QAR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 403.6831. Conversely, the yearly low was recorded on August 2, dropping to 394.0559.

This high-to-low spread represents a total annual volatility of 9.6272 IQD. From a start-to-finish perspective, comparing the January average rate of 401.4366 to the December average rate of 401.0077, the exchange rate registered a net change of -0.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 403.6831 was up 0.56% compared to the 2020 peak of 401.4438, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,018,416 IQD
2020 Average 1,644,385 IQD
Yearly Trough Low 1,970,280 IQD
Transaction Impact: A difference of 48,135.95 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

401.6824
398.7326
JanuMarcMayJulySeptNove

QAR 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 401.1063, compared to 400.2424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8639 points.

H1 Avg (Jan–Jun) 401.1063
H2 Avg (Jul–Dec) 400.2424

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 7.5985 IQD (High: 403.1816 / Low: 395.5832). On the other end, February was the most stable month, with a tight range of 1.0800 IQD (High: 401.7152 / Low: 400.6352).

September Spread (Volatile) ±7.5985
February Spread (Stable) ±1.0800

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 1.0989 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0989

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 401.0568) against the same month in 2020 (average: 326.8656), the exchange rate shifted by +74.1912 (+22.70%).

2021 Avg (May) 401.0568
2020 Avg (May) 326.8656

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 403.2208 399.3215 401.4366
February 401.7152 400.6352 401.2069
March 401.6754 399.1371 401.0949
April 401.7029 400.1377 400.9829
May 403.6831 397.6951 401.0568
June 401.6754 399.4237 400.8594
July 401.1261 394.1682 400.0774
August 401.1287 394.0559 398.9784
September 403.1816 395.5832 399.8951
October 401.0339 398.3609 400.7921
November 401.3095 398.3026 400.7034
December 403.6391 399.5883 401.0077