YEARLY HIGH
2.8642 IQD
YEARLY LOW
0.5791 IQD
YEARLY AVERAGE
1.4728 IQD

2021 SYP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.8642. Conversely, the yearly low was recorded on December 11, dropping to 0.5791.

This high-to-low spread represents a total annual volatility of 2.2852 IQD. From a start-to-finish perspective, comparing the January average rate of 2.8511 to the December average rate of 0.5812, the exchange rate registered a net change of -79.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.8642 was up 0.49% compared to the 2020 peak of 2.8504, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,321 IQD
2020 Average 11,666 IQD
Yearly Trough Low 2,895 IQD
Transaction Impact: A difference of 11,425.88 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.0781
0.3542
JanuMarcMayJulySeptNove

SYP 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 1.9202, compared to 1.0254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8948 points.

H1 Avg (Jan–Jun) 1.9202
H2 Avg (Jul–Dec) 1.0254

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 1.6915 IQD (High: 2.8522 / Low: 1.1606). On the other end, September was the most stable month, with a tight range of 0.0017 IQD (High: 1.1616 / Low: 1.1599).

March Spread (Volatile) ±1.6915
September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.1775 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1775

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.8511) against the same month in 2020 (average: 2.3148), the exchange rate shifted by +0.5363 (+23.17%).

2021 Avg (January) 2.8511
2020 Avg (January) 2.3148

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8642 2.8455 2.8511
February 2.8524 2.8444 2.8488
March 2.8522 1.1606 2.3382
April 1.1630 1.1563 1.1607
May 1.1687 1.1514 1.1613
June 1.1629 1.1602 1.1608
July 1.1614 1.1563 1.1599
August 1.1643 1.1583 1.1605
September 1.1616 1.1599 1.1608
October 1.1614 1.1592 1.1609
November 1.1624 0.5802 0.9289
December 0.5849 0.5791 0.5812