2011 ZAR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
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.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |