YEARLY HIGH
1460.6751 IQD
YEARLY LOW
4.0560 IQD
YEARLY AVERAGE
39.3177 IQD

2021 MRO to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MRO to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1460.6751. Conversely, the yearly low was recorded on May 8, dropping to 4.0560.

This high-to-low spread represents a total annual volatility of 1456.6190 IQD. From a start-to-finish perspective, comparing the January average rate of 4.0958 to the December average rate of 426.8237, the exchange rate registered a net change of 10321.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1460.6751 was up 35573.57% compared to the 2020 peak of 4.0946, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,303,375 IQD
2020 Average 16,772 IQD
Yearly Trough Low 20,280 IQD
Transaction Impact: A difference of 7,283,095.06 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

469.0975
-38.1877
JanuMarcMayJulySeptNove

MRO 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 4.0916, compared to 74.5439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 70.4523 points.

H1 Avg (Jan–Jun) 4.0916
H2 Avg (Jul–Dec) 74.5439

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1456.5997 IQD (High: 1460.6751 / Low: 4.0754). On the other end, September was the most stable month, with a tight range of 0.0058 IQD (High: 4.0916 / Low: 4.0857).

December Spread (Volatile) ±1456.5997
September Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between July and September, 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 January and February, when the average rate fell by 0.0039 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 426.8237) against the same month in 2020 (average: 3.5335), the exchange rate shifted by +423.2902 (+11979.24%).

2021 Avg (December) 426.8237
2020 Avg (December) 3.5335

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.1127 4.0877 4.0958
February 4.0966 4.0857 4.0919
March 4.0966 4.0788 4.0919
April 4.0966 4.0734 4.0890
May 4.1171 4.0560 4.0912
June 4.0966 4.0876 4.0899
July 4.0910 4.0738 4.0861
August 4.1014 4.0811 4.0881
September 4.0916 4.0857 4.0888
October 4.0901 4.0831 4.0886
November 4.0929 4.0830 4.0878
December 1460.6751 4.0754 426.8237