YEARLY HIGH
37.2331 IQD
YEARLY LOW
33.1026 IQD
YEARLY AVERAGE
35.1506 IQD

2021 MUR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MUR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 37.2331. Conversely, the yearly low was recorded on November 29, dropping to 33.1026.

This high-to-low spread represents a total annual volatility of 4.1304 IQD. From a start-to-finish perspective, comparing the January average rate of 36.9993 to the December average rate of 33.5235, the exchange rate registered a net change of -9.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 37.2331 was up 0.54% compared to the 2020 peak of 37.0348, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 186,165 IQD
2020 Average 152,770 IQD
Yearly Trough Low 165,513 IQD
Transaction Impact: A difference of 20,652.21 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

37.3468
33.1759
JanuMarcMayJulySeptNove

MUR 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 36.3141, compared to 33.9871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3270 points.

H1 Avg (Jan–Jun) 36.3141
H2 Avg (Jul–Dec) 33.9871

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 2.1181 IQD (High: 36.0617 / Low: 33.9436). On the other end, January was the most stable month, with a tight range of 0.4620 IQD (High: 37.2331 / Low: 36.7711).

June Spread (Volatile) ±2.1181
January Spread (Stable) ±0.4620

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 June and July, when the average rate fell by 1.5558 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.5558

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 36.9993) against the same month in 2020 (average: 32.5816), the exchange rate shifted by +4.4176 (+13.56%).

2021 Avg (January) 36.9993
2020 Avg (January) 32.5816

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.2331 36.7711 36.9993
February 36.8654 36.3964 36.7423
March 36.7001 35.7895 36.3812
April 36.4009 35.4733 36.0989
May 36.4808 35.3293 36.0220
June 36.0617 33.9436 35.6410
July 34.3579 33.7768 34.0852
August 34.4458 33.8505 34.2199
September 34.5504 33.9060 34.3177
October 34.2978 33.5843 34.0816
November 33.9520 33.1026 33.6951
December 33.9790 33.1185 33.5235