2022 SGD to IQD Historical Review

YEARLY HIGH

1089.4489 IQD

YEARLY LOW

1014.5047 IQD

YEARLY AVERAGE

1059.2737 IQD

2022 SGD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1089.4489. Conversely, the yearly low was recorded on October 11, dropping to 1014.5047.

This high-to-low spread represents a total annual volatility of 74.9442 IQD. From a start-to-finish perspective, comparing the January average rate of 1080.4193 to the December average rate of 1079.9472, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1089.4489 was down 2.00% compared to the 2021 peak of 1111.6874, 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 5,447,245 IQD

2021 Average 5,433,040 IQD

Yearly Trough Low 5,072,524 IQD

Transaction Impact: A difference of 374,721.08 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1088.9471

1019.3546

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 1069.9074, compared to 1048.6401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.2673 points.

H1 Avg (Jan–Jun) 1069.9074

H2 Avg (Jul–Dec) 1048.6401

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 49.3790 IQD (High: 1073.6620 / Low: 1024.2830). On the other end, March was the most stable month, with a tight range of 11.2196 IQD (High: 1079.1739 / Low: 1067.9543).

November Spread (Volatile) ±49.3790

March Spread (Stable) ±11.2196

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 22.5457 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -22.5457

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1079.9472) against the same month in 2021 (average: 1070.9441), the exchange rate shifted by +9.0032 (+0.84%).

2022 Avg (December) 1079.9472

2021 Avg (December) 1070.9441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1086.1205	1071.4707	1080.4193
February	1087.5374	1067.7995	1083.1478
March	1079.1739	1067.9543	1074.8251
April	1080.2269	1052.2923	1069.6154
May	1067.2670	1045.1530	1056.5005
June	1065.0981	1047.3254	1054.9362
July	1058.6526	1036.1086	1045.9037
August	1065.9235	1043.0436	1055.0017
September	1046.1733	1014.9272	1032.4561
October	1040.5049	1014.5047	1025.1540
November	1073.6620	1024.2830	1053.3776
December	1089.4489	1073.2115	1079.9472