YEARLY HIGH
108.2253 IQD
YEARLY LOW
89.7098 IQD
YEARLY AVERAGE
98.8853 IQD

2021 NAD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NAD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 108.2253. Conversely, the yearly low was recorded on November 28, dropping to 89.7098.

This high-to-low spread represents a total annual volatility of 18.5155 IQD. From a start-to-finish perspective, comparing the January average rate of 96.9711 to the December average rate of 91.8118, the exchange rate registered a net change of -5.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 108.2253 was up 8.24% compared to the 2020 peak of 99.9834, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 541,126 IQD
2020 Average 365,824 IQD
Yearly Trough Low 448,549 IQD
Transaction Impact: A difference of 92,577.46 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

106.8992
90.4402
JanuMarcMayJulySeptNove

NAD 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 100.6770, compared to 97.0936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5834 points.

H1 Avg (Jan–Jun) 100.6770
H2 Avg (Jul–Dec) 97.0936

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 11.8003 IQD (High: 101.5101 / Low: 89.7098). On the other end, April was the most stable month, with a tight range of 3.1120 IQD (High: 102.5283 / Low: 99.4163).

November Spread (Volatile) ±11.8003
April Spread (Stable) ±3.1120

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 5.1589 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.1589

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 105.5277) against the same month in 2020 (average: 69.5910), the exchange rate shifted by +35.9367 (+51.64%).

2021 Avg (June) 105.5277
2020 Avg (June) 69.5910

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 99.9538 94.3446 96.9711
February 100.5222 96.8480 99.1660
March 99.3546 93.8539 97.5299
April 102.5283 99.4163 100.8599
May 106.0337 100.8167 104.0077
June 108.2253 101.8433 105.5277
July 102.3125 98.1516 100.3688
August 101.8932 95.1637 99.3557
September 102.2248 96.4857 98.4816
October 101.1715 96.4640 98.1408
November 101.5101 89.7098 94.4029
December 94.0421 90.0498 91.8118