YEARLY HIGH
114.4170 IQD
YEARLY LOW
67.4191 IQD
YEARLY AVERAGE
93.5796 IQD

2021 SCR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SCR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 114.4170. Conversely, the yearly low was recorded on January 10, dropping to 67.4191.

This high-to-low spread represents a total annual volatility of 46.9978 IQD. From a start-to-finish perspective, comparing the January average rate of 68.8754 to the December average rate of 108.5708, the exchange rate registered a net change of 57.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 114.4170 was up 21.03% compared to the 2020 peak of 94.5363, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 572,085 IQD
2020 Average 355,845 IQD
Yearly Trough Low 337,096 IQD
Transaction Impact: A difference of 234,989.16 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

115.5000
64.6368
JanuMarcMayJulySeptNove

SCR 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 80.6236, compared to 106.5355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.9118 points.

H1 Avg (Jan–Jun) 80.6236
H2 Avg (Jul–Dec) 106.5355

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 34.7287 IQD (High: 105.0412 / Low: 70.3125). On the other end, January was the most stable month, with a tight range of 1.8224 IQD (High: 69.2415 / Low: 67.4191).

April Spread (Volatile) ±34.7287
January Spread (Stable) ±1.8224

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 5.4426 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -5.4426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 108.5708) against the same month in 2020 (average: 59.5153), the exchange rate shifted by +49.0555 (+82.43%).

2021 Avg (December) 108.5708
2020 Avg (December) 59.5153

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 69.2415 67.4191 68.8754
February 70.2100 67.9791 69.0014
March 71.6417 68.1634 69.0187
April 105.0412 70.3125 90.1736
May 99.0163 88.4574 92.8052
June 99.4394 88.4487 93.8675
July 108.3459 89.1049 98.8469
August 114.0141 95.0372 106.5171
September 114.1293 103.8119 111.2614
October 114.0605 97.6434 105.8188
November 114.1042 97.7123 108.1979
December 114.4170 97.3971 108.5708