YEARLY HIGH
650.9183 IQD
YEARLY LOW
590.4231 IQD
YEARLY AVERAGE
626.7000 IQD

2022 TOP to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 650.9183. Conversely, the yearly low was recorded on October 22, dropping to 590.4231.

This high-to-low spread represents a total annual volatility of 60.4953 IQD. From a start-to-finish perspective, comparing the January average rate of 641.2931 to the December average rate of 622.3085, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 650.9183 was down 1.21% compared to the 2021 peak of 658.9135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,254,592 IQD
2021 Average 3,222,511 IQD
Yearly Trough Low 2,952,115 IQD
Transaction Impact: A difference of 302,476.29 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

649.6342
594.7445
JanuMarcMayJulySeptNove

TOP 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 638.3930, compared to 615.0070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.3860 points.

H1 Avg (Jan–Jun) 638.3930
H2 Avg (Jul–Dec) 615.0070

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 26.2580 IQD (High: 620.0082 / Low: 593.7502). On the other end, January was the most stable month, with a tight range of 7.2919 IQD (High: 643.6922 / Low: 636.4003).

November Spread (Volatile) ±26.2580
January Spread (Stable) ±7.2919

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 15.1272 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -15.1272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 645.0601) against the same month in 2021 (average: 640.6383), the exchange rate shifted by +4.4218 (+0.69%).

2022 Avg (March) 645.0601
2021 Avg (March) 640.6383

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 643.6922 636.4003 641.2931
February 647.8404 635.9695 643.7134
March 650.9183 639.8031 645.0601
April 649.5375 631.3336 643.7267
May 634.8336 621.4543 628.5994
June 636.0097 620.2045 627.9655
July 625.1974 616.1028 620.3897
August 630.0477 618.7523 624.6928
September 619.2388 600.1850 611.9178
October 605.2484 590.4231 599.3186
November 620.0082 593.7502 611.4147
December 626.9855 618.3375 622.3085