YEARLY HIGH
921.8786 IQD
YEARLY LOW
836.3496 IQD
YEARLY AVERAGE
883.3803 IQD

2021 BAM to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 921.8786. Conversely, the yearly low was recorded on November 25, dropping to 836.3496.

This high-to-low spread represents a total annual volatility of 85.5290 IQD. From a start-to-finish perspective, comparing the January average rate of 910.0753 to the December average rate of 843.8319, the exchange rate registered a net change of -7.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 921.8786 was up 0.49% compared to the 2020 peak of 917.3816, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,609,393 IQD
2020 Average 3,495,156 IQD
Yearly Trough Low 4,181,748 IQD
Transaction Impact: A difference of 427,645.06 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

916.6996
837.2076
JanuMarcMayJulySeptNove

BAM 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 899.9087, compared to 866.8520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 33.0568 points.

H1 Avg (Jan–Jun) 899.9087
H2 Avg (Jul–Dec) 866.8520

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 29.7055 IQD (High: 905.2531 / Low: 875.5476). On the other end, October was the most stable month, with a tight range of 9.1233 IQD (High: 870.3697 / Low: 861.2465).

April Spread (Volatile) ±29.7055
October Spread (Stable) ±9.1233

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 17.1049 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -17.1049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 910.0753) against the same month in 2020 (average: 676.7372), the exchange rate shifted by +233.3380 (+34.48%).

2021 Avg (January) 910.0753
2020 Avg (January) 676.7372

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 921.8786 900.5915 910.0753
February 909.1005 894.8833 902.9365
March 901.8937 876.0449 888.7438
April 905.2531 875.5476 891.2994
May 914.7303 893.8745 906.8033
June 912.4015 887.6253 899.5942
July 890.1894 877.5347 882.4893
August 887.8048 871.3443 878.3257
September 885.7992 863.6384 879.1958
October 870.3697 861.2465 866.1204
November 865.8776 836.3496 851.1486
December 850.4235 840.0797 843.8319