YEARLY HIGH
189.3752 IQD
YEARLY LOW
186.4577 IQD
YEARLY AVERAGE
187.8522 IQD

2021 HKD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 189.3752. Conversely, the yearly low was recorded on May 8, dropping to 186.4577.

This high-to-low spread represents a total annual volatility of 2.9175 IQD. From a start-to-finish perspective, comparing the January average rate of 188.5925 to the December average rate of 187.2196, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 189.3752 was up 0.45% compared to the 2020 peak of 188.5299, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 4,734,380 IQD
2020 Average 3,859,723 IQD
Yearly Trough Low 4,661,442 IQD
Transaction Impact: A difference of 72,938.12 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

188.7298
187.0823
JanuMarcMayJulySeptNove

HKD 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 188.2007, compared to 187.5036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6971 points.

H1 Avg (Jan–Jun) 188.2007
H2 Avg (Jul–Dec) 187.5036

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 2.8140 IQD (High: 189.2717 / Low: 186.4577). On the other end, September was the most stable month, with a tight range of 0.3312 IQD (High: 187.7895 / Low: 187.4583).

May Spread (Volatile) ±2.8140
September Spread (Stable) ±0.3312

Growth Streaks & Declines

Trends

Between April and June, 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 0.3687 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 188.5925) against the same month in 2020 (average: 153.3494), the exchange rate shifted by +35.2431 (+22.98%).

2021 Avg (January) 188.5925
2020 Avg (January) 153.3494

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 189.3752 188.2245 188.5925
February 188.6671 188.0422 188.4092
March 188.5562 187.5766 188.1239
April 188.4865 187.3194 187.8775
May 189.2717 186.4577 188.0857
June 188.5163 187.9227 188.1155
July 187.9918 187.2806 187.7468
August 188.2034 187.0058 187.4998
September 187.7895 187.4583 187.6176
October 187.8164 187.2037 187.6182
November 187.5902 186.9589 187.3195
December 188.3551 186.5490 187.2196