ZAR to IQD Historical Rates

Analyze long-term market trends and access daily historical data for the ZAR/IQD pair.

10-YEAR HIGH
108.7995 IQD
10-YEAR LOW
61.8871 IQD
10-YEAR AVERAGE
82.3054 IQD

10-Year ZAR to IQD Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the ZAR to IQD exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on June 6, 2021, when the pair was valued at 108.7995. Conversely, the absolute lowest rate of the decade was recorded on April 5, 2020, dropping to a support floor of 61.8871.

This peak-to-trough range represents a total macro spread of 46.9124 IQD. From a long-term perspective, comparing the decade's oldest annual average of 83.7923 (in 2016) to the newest annual average of 79.7848 (in 2026), the exchange rate registered a net shift of -4.78%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 79.0162, showing a variance of 6.5316 points compared to the older 5-year average of 85.5478.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 50,000 ZAR over the decade:

Decade Peak High 5,439,977 IQD
10-Year Average 4,115,271 IQD
Decade Trough Low 3,094,355 IQD
Macro Timing Impact: A difference of 2,345,621.74 IQD purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

110.5511
59.9400
201620182020202220242026

ZAR to IQD Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 85.5478, compared to 79.0162 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 6.5316 points.

Older 5 Yrs Avg 85.5478
Recent 5 Yrs Avg 79.0162

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2020, with a trading range of 38.3881 IQD (High: 100.2752 / Low: 61.8871). Conversely, 2026 was the most stable year, with a range of 7.2165 IQD (High: 83.2653 / Low: 76.0488).

2020 Spread (Volatile) ±38.3881
2026 Spread (Stable) ±7.2165

Decade Growth & Declines

Macro Trends

Between 2016 and 2018, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2022 and 2023, when the average rate fell by 15.7290 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -15.7290

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 83.7923) against the newest annual average (2026: 79.7848), the exchange rate shifted by -4.0075 (-4.78%).

2016 Baseline Avg 83.7923
2026 Current Avg 79.7848

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-29 78.3675
2026-07-28 78.0314
2026-07-27 78.3012
2026-07-26 77.9102
2026-07-25 77.8383
2026-07-24 77.8832
2026-07-23 79.0163
2026-07-22 79.7218
2026-07-21 79.6382
2026-07-20 79.3030
2026-07-19 80.4498
2026-07-18 79.5081
2026-07-17 79.4710
2026-07-16 79.8130
2026-07-15 79.9825
2026-07-14 79.9112
2026-07-13 80.0516
2026-07-12 80.3096
2026-07-11 80.3389
2026-07-10 80.2843
2026-07-09 80.0204
2026-07-08 80.1282
2026-07-07 80.5493
2026-07-06 80.7525
2026-07-05 80.7304
2026-07-04 80.7480
2026-07-03 80.6399
2026-07-02 80.2784
2026-07-01 79.7971
2026-06-30 79.8281
2026-06-29 79.7274

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