YEARLY HIGH
369.9338 IQD
YEARLY LOW
330.1475 IQD
YEARLY AVERAGE
351.1438 IQD

2021 RON to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RON to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 369.9338. Conversely, the yearly low was recorded on November 25, dropping to 330.1475.

This high-to-low spread represents a total annual volatility of 39.7862 IQD. From a start-to-finish perspective, comparing the January average rate of 365.3158 to the December average rate of 333.5113, the exchange rate registered a net change of -8.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 369.9338 was up 0.21% compared to the 2020 peak of 369.1575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,849,669 IQD
2020 Average 1,413,372 IQD
Yearly Trough Low 1,650,738 IQD
Transaction Impact: A difference of 198,931.15 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

368.4963
330.3308
JanuMarcMayJulySeptNove

RON 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 359.1907, compared to 343.0969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.0938 points.

H1 Avg (Jan–Jun) 359.1907
H2 Avg (Jul–Dec) 343.0969

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 14.0973 IQD (High: 361.9289 / Low: 347.8316). On the other end, July was the most stable month, with a tight range of 4.0136 IQD (High: 352.6497 / Low: 348.6361).

March Spread (Volatile) ±14.0973
July Spread (Stable) ±4.0136

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 February and March, when the average rate fell by 6.8162 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -6.8162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 365.3158) against the same month in 2020 (average: 276.9873), the exchange rate shifted by +88.3285 (+31.89%).

2021 Avg (January) 365.3158
2020 Avg (January) 276.9873

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 369.9338 361.8463 365.3158
February 364.6090 358.4381 362.4077
March 361.9289 347.8316 355.5915
April 359.5258 348.7601 354.7017
May 363.1364 355.8727 360.2677
June 362.6250 351.2058 356.8601
July 352.6497 348.6361 350.3005
August 352.2473 345.3134 348.9223
September 350.8071 341.4163 347.3575
October 344.5214 340.0717 342.1388
November 342.4967 330.1475 336.3511
December 335.5473 331.4942 333.5113