2022 ZAR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ZAR to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ZAR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 100.6952. Conversely, the yearly low was recorded on October 24, dropping to 79.0700.
This high-to-low spread represents a total annual volatility of 21.6252 IQD. From a start-to-finish perspective, comparing the January average rate of 94.1640 to the December average rate of 84.4689, the exchange rate registered a net change of -10.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 100.6952 was down 7.45% compared to the 2021 peak of 108.7995, 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 2022.
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 94.8521, compared to 84.3072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.5449 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 9.2516 IQD (High: 100.4786 / Low: 91.2270). On the other end, February was the most stable month, with a tight range of 3.1334 IQD (High: 97.2637 / Low: 94.1302).
Growth Streaks & Declines
TrendsBetween January and March, 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 5.5755 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 97.6427) against the same month in 2021 (average: 97.4946), the exchange rate shifted by +0.1481 (+0.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 96.7112 | 90.9942 | 94.1640 |
| February | 97.2637 | 94.1302 | 95.8064 |
| March | 100.6952 | 94.7804 | 97.6427 |
| April | 100.4786 | 91.2270 | 97.3166 |
| May | 94.2757 | 89.8663 | 91.8584 |
| June | 95.4103 | 89.5513 | 92.3243 |
| July | 89.3622 | 85.0459 | 86.7488 |
| August | 90.3038 | 85.1256 | 87.4160 |
| September | 85.3164 | 80.7029 | 82.9917 |
| October | 82.7609 | 79.0700 | 80.5590 |
| November | 85.9755 | 79.2080 | 83.6589 |
| December | 86.2041 | 82.8181 | 84.4689 |