2021 SGD to IQD Historical Review

YEARLY HIGH

1111.6874 IQD

YEARLY LOW

1062.3943 IQD

YEARLY AVERAGE

1086.7162 IQD

2021 SGD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1111.6874. Conversely, the yearly low was recorded on December 4, dropping to 1062.3943.

This high-to-low spread represents a total annual volatility of 49.2931 IQD. From a start-to-finish perspective, comparing the January average rate of 1102.5911 to the December average rate of 1070.9441, the exchange rate registered a net change of -2.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1111.6874 was up 0.55% compared to the 2020 peak of 1105.5637, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,558,437 IQD

2020 Average 4,343,365 IQD

Yearly Trough Low 5,311,972 IQD

Transaction Impact: A difference of 246,465.45 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1105.7558

1067.7794

JanuMarcMayJulySeptNove

SGD 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 1096.2093, compared to 1077.2231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.9861 points.

H1 Avg (Jan–Jun) 1096.2093

H2 Avg (Jul–Dec) 1077.2231

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 20.1697 IQD (High: 1082.5640 / Low: 1062.3943). On the other end, October was the most stable month, with a tight range of 14.1593 IQD (High: 1086.9903 / Low: 1072.8309).

December Spread (Volatile) ±20.1697

October Spread (Stable) ±14.1593

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 17.7083 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -17.7083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1102.5911) against the same month in 2020 (average: 882.4358), the exchange rate shifted by +220.1553 (+24.95%).

2021 Avg (January) 1102.5911

2020 Avg (January) 882.4358

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1111.6874	1097.3206	1102.5911
February	1107.5147	1092.2404	1100.1643
March	1099.0079	1081.3934	1087.8759
April	1102.2159	1083.2436	1093.3496
May	1108.2369	1092.3672	1098.7781
June	1104.0026	1084.7945	1094.4966
July	1084.6568	1067.6310	1076.7882
August	1084.4264	1068.6548	1077.2162
September	1089.1938	1072.1782	1083.1544
October	1086.9903	1072.8309	1080.2333
November	1083.4169	1064.3729	1075.0026
December	1082.5640	1062.3943	1070.9441