YEARLY HIGH
177.9705 IQD
YEARLY LOW
136.4696 IQD
YEARLY AVERAGE
162.2642 IQD

2011 ZAR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZAR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 177.9705. Conversely, the yearly low was recorded on November 26, dropping to 136.4696.

This high-to-low spread represents a total annual volatility of 41.5009 IQD. From a start-to-finish perspective, comparing the January average rate of 169.5821 to the December average rate of 142.8524, the exchange rate registered a net change of -15.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 177.9705 was up 0.83% compared to the 2010 peak of 176.5056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,898,524 IQD
2010 Average 7,989,451 IQD
Yearly Trough Low 6,823,481 IQD
Transaction Impact: A difference of 2,075,043.10 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

177.7948
139.6758
JanuMarcMayJulySeptNove

ZAR 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 170.1787, compared to 154.3497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.8290 points.

H1 Avg (Jan–Jun) 170.1787
H2 Avg (Jul–Dec) 154.3497

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 26.8723 IQD (High: 166.8919 / Low: 140.0196). On the other end, June was the most stable month, with a tight range of 4.2098 IQD (High: 173.7634 / Low: 169.5536).

September Spread (Volatile) ±26.8723
June Spread (Stable) ±4.2098

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 9.4220 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.4220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 174.6182) against the same month in 2010 (average: 159.2851), the exchange rate shifted by +15.3331 (+9.63%).

2011 Avg (April) 174.6182
2010 Avg (April) 159.2851

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 176.9320 163.8730 169.5821
February 169.2588 161.1746 164.0055
March 173.6517 166.2162 170.1559
April 177.9705 170.2120 174.6182
May 177.6955 165.8412 170.7298
June 173.7634 169.5536 171.9806
July 175.4782 167.0582 172.2768
August 174.4565 160.9141 164.8764
September 166.8919 140.0196 155.4544
October 151.4896 140.8163 147.0770
November 148.7183 136.4696 143.5612
December 145.8978 139.3206 142.8524