YEARLY HIGH
2.7470 IQD
YEARLY LOW
2.4909 IQD
YEARLY AVERAGE
2.6336 IQD

2021 XAF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the XAF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.7470. Conversely, the yearly low was recorded on November 25, dropping to 2.4909.

This high-to-low spread represents a total annual volatility of 0.2561 IQD. From a start-to-finish perspective, comparing the January average rate of 2.7121 to the December average rate of 2.5166, the exchange rate registered a net change of -7.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.7470 was up 0.27% compared to the 2020 peak of 2.7397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,735 IQD
2020 Average 10,428 IQD
Yearly Trough Low 12,454 IQD
Transaction Impact: A difference of 1,280.53 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.7317
2.4970
JanuMarcMayJulySeptNove

XAF 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 2.6835, compared to 2.5838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0997 points.

H1 Avg (Jan–Jun) 2.6835
H2 Avg (Jul–Dec) 2.5838

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0932 IQD (High: 2.5840 / Low: 2.4909). On the other end, July was the most stable month, with a tight range of 0.0289 IQD (High: 2.6454 / Low: 2.6165).

November Spread (Volatile) ±0.0932
July Spread (Stable) ±0.0289

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0488 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0488

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.7121) against the same month in 2020 (average: 2.0178), the exchange rate shifted by +0.6943 (+34.41%).

2021 Avg (January) 2.7121
2020 Avg (January) 2.0178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7470 2.6886 2.7121
February 2.7098 2.6640 2.6933
March 2.6903 2.6100 2.6499
April 2.7006 2.6150 2.6620
May 2.7262 2.6735 2.7045
June 2.7195 2.6386 2.6790
July 2.6454 2.6165 2.6302
August 2.6410 2.5963 2.6187
September 2.6429 2.5759 2.6195
October 2.5990 2.5665 2.5806
November 2.5840 2.4909 2.5373
December 2.5316 2.5018 2.5166