YEARLY HIGH
418.7037 IQD
YEARLY LOW
408.5346 IQD
YEARLY AVERAGE
413.7877 IQD

2021 PGK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 418.7037. Conversely, the yearly low was recorded on July 3, dropping to 408.5346.

This high-to-low spread represents a total annual volatility of 10.1691 IQD. From a start-to-finish perspective, comparing the January average rate of 413.8899 to the December average rate of 413.6653, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 418.7037 was up 0.57% compared to the 2020 peak of 416.3236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,093,518 IQD
2020 Average 1,726,495 IQD
Yearly Trough Low 2,042,673 IQD
Transaction Impact: A difference of 50,845.67 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

415.5021
412.2343
JanuMarcMayJulySeptNove

PGK 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 413.5011, compared to 414.0743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5732 points.

H1 Avg (Jan–Jun) 413.5011
H2 Avg (Jul–Dec) 414.0743

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 9.3481 IQD (High: 417.8827 / Low: 408.5346). On the other end, April was the most stable month, with a tight range of 4.0428 IQD (High: 414.3059 / Low: 410.2631).

July Spread (Volatile) ±9.3481
April Spread (Stable) ±4.0428

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 2.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 413.6653) against the same month in 2020 (average: 358.7491), the exchange rate shifted by +54.9162 (+15.31%).

2021 Avg (December) 413.6653
2020 Avg (December) 358.7491

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 416.0740 410.5352 413.8899
February 415.7070 410.2707 412.9239
March 414.9256 410.6553 413.6216
April 414.3059 410.2631 412.5066
May 417.6334 410.2700 413.8315
June 417.2857 409.9568 414.2331
July 417.8827 408.5346 415.2298
August 415.5836 410.2511 413.2286
September 415.9721 410.2637 414.3450
October 415.8128 410.5542 413.8921
November 415.4476 409.9849 414.0850
December 418.7037 410.8362 413.6653