2021 TRY to IQD Historical Review

YEARLY HIGH

210.0177 IQD

YEARLY LOW

88.0551 IQD

YEARLY AVERAGE

169.3226 IQD

2021 TRY to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 210.0177. Conversely, the yearly low was recorded on December 19, dropping to 88.0551.

This high-to-low spread represents a total annual volatility of 121.9626 IQD. From a start-to-finish perspective, comparing the January average rate of 197.5908 to the December average rate of 109.9051, the exchange rate registered a net change of -44.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 210.0177 was up 3.15% compared to the 2020 peak of 203.6008, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 10,500,883 IQD

2020 Average 8,602,945 IQD

Yearly Trough Low 4,402,755 IQD

Transaction Impact: A difference of 6,098,128.34 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

215.2859

100.3250

JanuMarcMayJulySeptNove

TRY 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 185.8392, compared to 152.8059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 33.0332 points.

H1 Avg (Jan–Jun) 185.8392

H2 Avg (Jul–Dec) 152.8059

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 48.5014 IQD (High: 136.5565 / Low: 88.0551). On the other end, July was the most stable month, with a tight range of 5.2078 IQD (High: 172.5690 / Low: 167.3612).

December Spread (Volatile) ±48.5014

July Spread (Stable) ±5.2078

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 26.6597 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -26.6597

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 205.7058) against the same month in 2020 (average: 196.4455), the exchange rate shifted by +9.2603 (+4.71%).

2021 Avg (February) 205.7058

2020 Avg (February) 196.4455

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	200.4629	195.0411	197.5908
February	210.0177	196.4340	205.7058
March	202.5876	175.3252	190.1442
April	181.9189	172.9280	178.4158
May	177.6039	170.1167	174.1101
June	174.1427	166.2529	169.0682
July	172.5690	167.3612	169.7290
August	175.2458	168.5682	172.1326
September	176.1190	163.5936	170.3959
October	164.9512	150.0912	158.1084
November	152.8857	108.0828	136.5647
December	136.5565	88.0551	109.9051