YEARLY HIGH
0.0111 SZL
YEARLY LOW
0.0092 SZL
YEARLY AVERAGE
0.0101 SZL

2021 IQD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0111. Conversely, the yearly low was recorded on June 7, dropping to 0.0092.

This high-to-low spread represents a total annual volatility of 0.0019 SZL. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0109, the exchange rate registered a net change of 5.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0111 was down 30.61% compared to the 2020 peak of 0.0160, 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 56 SZL
2020 Average 69 SZL
Yearly Trough Low 46 SZL
Transaction Impact: A difference of 9.32 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0110
0.0094
JanuMarcMayJulySeptNove

IQD to SZL 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 0.0100, compared to 0.0103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0100
H2 Avg (Jul–Dec) 0.0103

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0008 SZL (High: 0.0111 / Low: 0.0103). On the other end, April was the most stable month, with a tight range of 0.0003 SZL (High: 0.0101 / Low: 0.0098).

November Spread (Volatile) ±0.0008
April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0109) against the same month in 2020 (average: 0.0119), the exchange rate shifted by -0.0010 (-8.77%).

2021 Avg (December) 0.0109
2020 Avg (December) 0.0119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0106 0.0100 0.0103
February 0.0103 0.0099 0.0101
March 0.0106 0.0101 0.0103
April 0.0101 0.0098 0.0099
May 0.0099 0.0094 0.0096
June 0.0098 0.0092 0.0095
July 0.0102 0.0097 0.0099
August 0.0105 0.0098 0.0101
September 0.0104 0.0097 0.0100
October 0.0104 0.0099 0.0102
November 0.0111 0.0103 0.0106
December 0.0111 0.0106 0.0109