YEARLY HIGH
213.1378 IQD
YEARLY LOW
209.3422 IQD
YEARLY AVERAGE
211.5049 IQD

2021 BOB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BOB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 213.1378. Conversely, the yearly low was recorded on June 13, dropping to 209.3422.

This high-to-low spread represents a total annual volatility of 3.7955 IQD. From a start-to-finish perspective, comparing the January average rate of 212.2083 to the December average rate of 211.6117, the exchange rate registered a net change of -0.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 213.1378 was up 0.28% compared to the 2020 peak of 212.5345, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,065,689 IQD
2020 Average 867,447 IQD
Yearly Trough Low 1,046,711 IQD
Transaction Impact: A difference of 18,977.74 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

212.3233
210.9432
JanuMarcMayJulySeptNove

BOB 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 211.5470, compared to 211.4628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0842 points.

H1 Avg (Jan–Jun) 211.5470
H2 Avg (Jul–Dec) 211.4628

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 2.7690 IQD (High: 212.8114 / Low: 210.0424). On the other end, September was the most stable month, with a tight range of 0.6090 IQD (High: 211.8270 / Low: 211.2179).

May Spread (Volatile) ±2.7690
September Spread (Stable) ±0.6090

Growth Streaks & Declines

Trends

Between June and September, 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 January and February, when the average rate fell by 0.7596 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7596

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 211.6117) against the same month in 2020 (average: 182.9663), the exchange rate shifted by +28.6454 (+15.66%).

2021 Avg (December) 211.6117
2020 Avg (December) 182.9663

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 212.8088 211.6879 212.2083
February 211.7965 210.9906 211.4487
March 212.2091 210.5967 211.4937
April 212.1142 210.4330 211.4164
May 212.8114 210.0424 211.6565
June 211.8834 209.3422 211.0582
July 211.8526 210.3738 211.3412
August 212.0583 210.9917 211.4309
September 211.8270 211.2179 211.4765
October 211.7481 211.1275 211.4241
November 212.0241 211.1499 211.4922
December 213.1378 211.2935 211.6117