YEARLY HIGH
103.8442 IQD
YEARLY LOW
67.5285 IQD
YEARLY AVERAGE
83.6481 IQD

2021 SRD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SRD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 103.8442. Conversely, the yearly low was recorded on December 11, dropping to 67.5285.

This high-to-low spread represents a total annual volatility of 36.3157 IQD. From a start-to-finish perspective, comparing the January average rate of 103.3064 to the December average rate of 68.9471, the exchange rate registered a net change of -33.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 103.8442 was down 35.52% compared to the 2020 peak of 161.0406, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 519,221 IQD
2020 Average 696,657 IQD
Yearly Trough Low 337,642 IQD
Transaction Impact: A difference of 181,578.41 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

106.8516
64.3087
JanuMarcMayJulySeptNove

SRD 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 98.8962, compared to 68.4000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 30.4962 points.

H1 Avg (Jan–Jun) 98.8962
H2 Avg (Jul–Dec) 68.4000

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 35.1646 IQD (High: 103.3277 / Low: 68.1631). On the other end, February was the most stable month, with a tight range of 0.2768 IQD (High: 103.3277 / Low: 103.0508).

June Spread (Volatile) ±35.1646
February Spread (Stable) ±0.2768

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 25.8575 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -25.8575

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 103.1896) against the same month in 2020 (average: 159.6158), the exchange rate shifted by -56.4262 (-35.35%).

2021 Avg (May) 103.1896
2020 Avg (May) 159.6158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 103.7324 103.1034 103.3064
February 103.3277 103.0508 103.2073
March 103.3277 102.8782 103.2073
April 103.3277 102.7416 103.1345
May 103.8442 102.3038 103.1896
June 103.3277 68.1631 77.3321
July 69.9277 68.1125 68.9546
August 68.5121 67.9801 68.2286
September 68.7408 68.1357 68.2930
October 68.4238 67.8677 68.1224
November 68.0722 67.5778 67.8539
December 75.2569 67.5285 68.9471