YEARLY HIGH
95.4318 IQD
YEARLY LOW
94.1233 IQD
YEARLY AVERAGE
94.6133 IQD

2021 MVR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 95.4318. Conversely, the yearly low was recorded on April 24, dropping to 94.1233.

This high-to-low spread represents a total annual volatility of 1.3085 IQD. From a start-to-finish perspective, comparing the January average rate of 94.9182 to the December average rate of 94.5715, the exchange rate registered a net change of -0.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 95.4318 was up 0.56% compared to the 2020 peak of 94.8973, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 477,159 IQD
2020 Average 388,111 IQD
Yearly Trough Low 470,616 IQD
Transaction Impact: A difference of 6,542.71 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

94.9653
94.4000
JanuMarcMayJulySeptNove

MVR 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 94.6829, compared to 94.5436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1393 points.

H1 Avg (Jan–Jun) 94.6829
H2 Avg (Jul–Dec) 94.5436

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.2635 IQD (High: 95.4318 / Low: 94.1684). On the other end, February was the most stable month, with a tight range of 0.2967 IQD (High: 94.9675 / Low: 94.6709).

December Spread (Volatile) ±1.2635
February Spread (Stable) ±0.2967

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 July and August, when the average rate fell by 0.2167 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 94.5715) against the same month in 2020 (average: 81.8450), the exchange rate shifted by +12.7265 (+15.55%).

2021 Avg (December) 94.5715
2020 Avg (December) 81.8450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 95.3398 94.6414 94.9182
February 94.9675 94.6709 94.8187
March 94.9675 94.1874 94.6222
April 94.8444 94.1233 94.4686
May 95.2769 94.2334 94.7369
June 95.1381 94.1661 94.5327
July 94.8990 94.4271 94.6638
August 94.7608 94.3013 94.4471
September 94.8507 94.4074 94.5689
October 94.8089 94.3466 94.5105
November 94.7912 94.3848 94.4999
December 95.4318 94.1684 94.5715