2021 ZAR to IQD Historical Review

YEARLY HIGH

108.7995 IQD

YEARLY LOW

89.6832 IQD

YEARLY AVERAGE

98.8812 IQD

2021 ZAR to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 108.7995. Conversely, the yearly low was recorded on November 27, dropping to 89.6832.

This high-to-low spread represents a total annual volatility of 19.1163 IQD. From a start-to-finish perspective, comparing the January average rate of 96.7409 to the December average rate of 91.9618, the exchange rate registered a net change of -4.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 108.7995 was up 8.50% compared to the 2020 peak of 100.2752, 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 5,439,977 IQD

2020 Average 3,660,405 IQD

Yearly Trough Low 4,484,160 IQD

Transaction Impact: A difference of 955,816.73 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

106.2014

90.6673

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 100.5331, compared to 97.2293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3038 points.

H1 Avg (Jan–Jun) 100.5331

H2 Avg (Jul–Dec) 97.2293

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 8.1018 IQD (High: 97.7850 / Low: 89.6832). On the other end, April was the most stable month, with a tight range of 3.5609 IQD (High: 103.1688 / Low: 99.6080).

November Spread (Volatile) ±8.1018

April Spread (Stable) ±3.5609

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 4.3317 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.3317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 104.9069) against the same month in 2020 (average: 69.5753), the exchange rate shifted by +35.3316 (+50.78%).

2021 Avg (June) 104.9069

2020 Avg (June) 69.5753

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	100.1898	94.1713	96.7409
February	101.0272	96.4983	98.9238
March	99.7025	94.0092	97.4946
April	103.1688	99.6080	101.2043
May	106.3335	100.8913	103.9282
June	108.7995	101.6848	104.9069
July	102.7597	98.2241	100.5752
August	101.9097	95.1329	98.6811
September	103.1936	96.2155	100.1754
October	101.3086	95.7557	98.1278
November	97.7850	89.6832	93.8543
December	93.9791	90.3612	91.9618