2022 TRY to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TRY to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TRY to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 111.7746. Conversely, the yearly low was recorded on November 6, dropping to 77.5308.
This high-to-low spread represents a total annual volatility of 34.2438 IQD. From a start-to-finish perspective, comparing the January average rate of 107.8680 to the December average rate of 78.2871, the exchange rate registered a net change of -27.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 111.7746 was down 46.78% compared to the 2021 peak of 210.0177, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 98.9666, compared to 79.9294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.0372 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was May, with a trading range of 10.0049 IQD (High: 99.0062 / Low: 89.0013). On the other end, December was the most stable month, with a tight range of 0.5547 IQD (High: 78.5678 / Low: 78.0131).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 7.4831 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 107.8680) against the same month in 2021 (average: 197.5908), the exchange rate shifted by -89.7228 (-45.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 111.7746 | 104.6782 | 107.8680 |
| February | 109.1114 | 103.1308 | 106.9673 |
| March | 105.0435 | 98.3025 | 99.9459 |
| April | 100.3037 | 98.3052 | 99.2924 |
| May | 99.0062 | 89.0013 | 93.6044 |
| June | 89.0723 | 84.1490 | 86.1213 |
| July | 87.1242 | 81.3677 | 83.6147 |
| August | 81.9010 | 80.1692 | 81.0287 |
| September | 80.2163 | 78.8775 | 79.6744 |
| October | 78.9935 | 77.6044 | 78.5477 |
| November | 79.0346 | 77.5308 | 78.4236 |
| December | 78.5678 | 78.0131 | 78.2871 |