YEARLY HIGH
0.0048 BOB
YEARLY LOW
0.0047 BOB
YEARLY AVERAGE
0.0047 BOB

2021 IQD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.0048. Conversely, the yearly low was recorded on December 18, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0001 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0047 to the December average rate of 0.0047, the exchange rate registered a net change of 0.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0048 was down 17.85% compared to the 2020 peak of 0.0058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24 BOB
2020 Average 29 BOB
Yearly Trough Low 23 BOB
Transaction Impact: A difference of 0.43 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0047
0.0047
JanuMarcMayJulySeptNove

IQD to BOB 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 0.0047, compared to 0.0047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0047
H2 Avg (Jul–Dec) 0.0047

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0001 BOB (High: 0.0048 / Low: 0.0047). On the other end, September was the most stable month, with a tight range of 0.0000 BOB (High: 0.0047 / Low: 0.0047).

May Spread (Volatile) ±0.0001
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0047) against the same month in 2020 (average: 0.0058), the exchange rate shifted by -0.0011 (-18.31%).

2021 Avg (June) 0.0047
2020 Avg (June) 0.0058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0047 0.0047 0.0047
February 0.0047 0.0047 0.0047
March 0.0047 0.0047 0.0047
April 0.0048 0.0047 0.0047
May 0.0048 0.0047 0.0047
June 0.0048 0.0047 0.0047
July 0.0048 0.0047 0.0047
August 0.0047 0.0047 0.0047
September 0.0047 0.0047 0.0047
October 0.0047 0.0047 0.0047
November 0.0047 0.0047 0.0047
December 0.0047 0.0047 0.0047