YEARLY HIGH
0.4015 XOF
YEARLY LOW
0.3640 XOF
YEARLY AVERAGE
0.3799 XOF

2021 IQD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.4015. Conversely, the yearly low was recorded on January 6, dropping to 0.3640.

This high-to-low spread represents a total annual volatility of 0.0374 XOF. From a start-to-finish perspective, comparing the January average rate of 0.3687 to the December average rate of 0.3974, the exchange rate registered a net change of 7.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4015 was down 22.23% compared to the 2020 peak of 0.5162, 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 2,007 XOF
2020 Average 2,405 XOF
Yearly Trough Low 1,820 XOF
Transaction Impact: A difference of 187.15 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4002
0.3659
JanuMarcMayJulySeptNove

IQD to XOF 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 0.3727, compared to 0.3872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0145 points.

H1 Avg (Jan–Jun) 0.3727
H2 Avg (Jul–Dec) 0.3872

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0145 XOF (High: 0.4015 / Low: 0.3870). On the other end, July was the most stable month, with a tight range of 0.0042 XOF (High: 0.3822 / Low: 0.3780).

November Spread (Volatile) ±0.0145
July Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0059 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.3942) against the same month in 2020 (average: 0.4647), the exchange rate shifted by -0.0705 (-15.18%).

2021 Avg (November) 0.3942
2020 Avg (November) 0.4647

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3719 0.3640 0.3687
February 0.3754 0.3690 0.3713
March 0.3831 0.3717 0.3774
April 0.3824 0.3703 0.3757
May 0.3740 0.3668 0.3698
June 0.3790 0.3677 0.3733
July 0.3822 0.3780 0.3802
August 0.3852 0.3786 0.3819
September 0.3882 0.3784 0.3818
October 0.3896 0.3848 0.3875
November 0.4015 0.3870 0.3942
December 0.3997 0.3950 0.3974