YEARLY HIGH
1801.8909 IQD
YEARLY LOW
1633.8958 IQD
YEARLY AVERAGE
1727.5571 IQD

2021 EUR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1801.8909. Conversely, the yearly low was recorded on November 25, dropping to 1633.8958.

This high-to-low spread represents a total annual volatility of 167.9951 IQD. From a start-to-finish perspective, comparing the January average rate of 1779.0302 to the December average rate of 1650.7716, the exchange rate registered a net change of -7.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1801.8909 was up 0.27% compared to the 2020 peak of 1797.1151, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,009,455 IQD
2020 Average 6,840,229 IQD
Yearly Trough Low 8,169,479 IQD
Transaction Impact: A difference of 839,975.53 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1791.8560
1637.9457
JanuMarcMayJulySeptNove

EUR 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 1760.2459, compared to 1694.8684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 65.3776 points.

H1 Avg (Jan–Jun) 1760.2459
H2 Avg (Jul–Dec) 1694.8684

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 61.1259 IQD (High: 1695.0217 / Low: 1633.8958). On the other end, July was the most stable month, with a tight range of 18.9340 IQD (High: 1735.2422 / Low: 1716.3082).

November Spread (Volatile) ±61.1259
July Spread (Stable) ±18.9340

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 31.9959 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -31.9959

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1779.0302) against the same month in 2020 (average: 1323.6131), the exchange rate shifted by +455.4170 (+34.41%).

2021 Avg (January) 1779.0302
2020 Avg (January) 1323.6131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1801.8909 1763.6011 1779.0302
February 1777.5316 1747.4499 1766.7119
March 1764.7047 1712.0151 1738.2269
April 1771.4967 1715.3506 1746.1666
May 1788.2677 1753.6878 1774.0460
June 1783.8891 1730.8386 1757.2940
July 1735.2422 1716.3082 1725.2981
August 1732.3616 1703.0913 1717.7277
September 1733.6440 1689.6782 1718.3069
October 1704.8354 1683.4866 1692.7446
November 1695.0217 1633.8958 1664.3613
December 1660.5968 1641.0616 1650.7716