YEARLY HIGH
1.8980 IQD
YEARLY LOW
1.7841 IQD
YEARLY AVERAGE
1.8272 IQD

2021 MWK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 1.8980. Conversely, the yearly low was recorded on December 13, dropping to 1.7841.

This high-to-low spread represents a total annual volatility of 0.1139 IQD. From a start-to-finish perspective, comparing the January average rate of 1.8914 to the December average rate of 1.7912, the exchange rate registered a net change of -5.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8980 was down 0.40% compared to the 2020 peak of 1.9056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,490 IQD
2020 Average 8,046 IQD
Yearly Trough Low 8,921 IQD
Transaction Impact: A difference of 569.62 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.9016
1.7786
JanuMarcMayJulySeptNove

MWK 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 1.8599, compared to 1.7944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0655 points.

H1 Avg (Jan–Jun) 1.8599
H2 Avg (Jul–Dec) 1.7944

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0348 IQD (High: 1.8454 / Low: 1.8106). On the other end, November was the most stable month, with a tight range of 0.0055 IQD (High: 1.7914 / Low: 1.7859).

June Spread (Volatile) ±0.0348
November Spread (Stable) ±0.0055

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 June and July, when the average rate fell by 0.0206 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.8914) against the same month in 2020 (average: 1.6191), the exchange rate shifted by +0.2722 (+16.81%).

2021 Avg (January) 1.8914
2020 Avg (January) 1.6191

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8980 1.8810 1.8914
February 1.8945 1.8674 1.8776
March 1.8750 1.8517 1.8665
April 1.8644 1.8405 1.8551
May 1.8546 1.8295 1.8422
June 1.8454 1.8106 1.8267
July 1.8289 1.7947 1.8061
August 1.8051 1.7946 1.7965
September 1.8031 1.7890 1.7949
October 1.7914 1.7853 1.7889
November 1.7914 1.7859 1.7888
December 1.8009 1.7841 1.7912