YEARLY HIGH
405.8549 IQD
YEARLY LOW
352.6640 IQD
YEARLY AVERAGE
377.1284 IQD

2021 PEN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 405.8549. Conversely, the yearly low was recorded on October 2, dropping to 352.6640.

This high-to-low spread represents a total annual volatility of 53.1909 IQD. From a start-to-finish perspective, comparing the January average rate of 403.1033 to the December average rate of 361.1022, the exchange rate registered a net change of -10.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 405.8549 was up 0.24% compared to the 2020 peak of 404.8769, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,029,275 IQD
2020 Average 1,714,211 IQD
Yearly Trough Low 1,763,320 IQD
Transaction Impact: A difference of 265,954.52 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

407.8800
350.5602
JanuMarcMayJulySeptNove

PEN 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 392.3719, compared to 361.8849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 30.4870 points.

H1 Avg (Jan–Jun) 392.3719
H2 Avg (Jul–Dec) 361.8849

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 23.6086 IQD (High: 405.8549 / Low: 382.2463). On the other end, February was the most stable month, with a tight range of 2.5474 IQD (High: 402.0543 / Low: 399.5070).

April Spread (Volatile) ±23.6086
February Spread (Stable) ±2.5474

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 May and June, when the average rate fell by 14.3573 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -14.3573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 395.6897) against the same month in 2020 (average: 350.2414), the exchange rate shifted by +45.4483 (+12.98%).

2021 Avg (April) 395.6897
2020 Avg (April) 350.2414

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 405.1247 400.3902 403.1033
February 402.0543 399.5070 400.6934
March 399.2429 388.3032 394.0613
April 405.8549 382.2463 395.6897
May 399.0714 378.9837 387.5205
June 382.4752 366.1157 373.1631
July 376.4442 366.5202 370.5249
August 371.7555 354.7152 357.8952
September 356.9637 353.0989 355.3369
October 372.4021 352.6640 363.3535
November 365.2805 359.0723 363.0968
December 368.3652 357.2932 361.1022