YEARLY HIGH
255.1786 IQD
YEARLY LOW
236.2752 IQD
YEARLY AVERAGE
246.6583 IQD

2021 GHS to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 255.1786. Conversely, the yearly low was recorded on December 9, dropping to 236.2752.

This high-to-low spread represents a total annual volatility of 18.9034 IQD. From a start-to-finish perspective, comparing the January average rate of 249.8063 to the December average rate of 237.6978, the exchange rate registered a net change of -4.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 255.1786 was up 2.45% compared to the 2020 peak of 249.0724, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,275,893 IQD
2020 Average 1,044,584 IQD
Yearly Trough Low 1,181,376 IQD
Transaction Impact: A difference of 94,517.19 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

256.0139
236.0327
JanuMarcMayJulySeptNove

GHS 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 252.1910, compared to 241.1255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.0656 points.

H1 Avg (Jan–Jun) 252.1910
H2 Avg (Jul–Dec) 241.1255

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 5.2371 IQD (High: 249.2019 / Low: 243.9649). On the other end, April was the most stable month, with a tight range of 2.0936 IQD (High: 253.6860 / Low: 251.5925).

July Spread (Volatile) ±5.2371
April Spread (Stable) ±2.0936

Growth Streaks & Declines

Trends

Between January and March, 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 5.4033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.4033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 254.3488) against the same month in 2020 (average: 213.5037), the exchange rate shifted by +40.8452 (+19.13%).

2021 Avg (March) 254.3488
2020 Avg (March) 213.5037

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 250.8585 248.7209 249.8063
February 253.8490 250.3937 252.0909
March 255.1786 252.5773 254.3488
April 253.6860 251.5925 252.6648
May 254.9070 250.9546 252.9956
June 252.6817 249.5002 251.2398
July 249.2019 243.9649 245.8365
August 245.2100 241.1567 242.4822
September 244.7979 240.7517 241.9625
October 241.4392 239.0882 240.4428
November 240.1107 237.3171 238.3311
December 239.8193 236.2752 237.6978