YEARLY HIGH
100.6952 IQD
YEARLY LOW
79.0700 IQD
YEARLY AVERAGE
89.5797 IQD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 5,034,761 IQD
2021 Average 4,943,410 IQD
Yearly Trough Low 3,953,500 IQD
Transaction Impact: A difference of 1,081,261.83 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

99.3510
78.8506
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 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.

H1 Avg (Jan–Jun) 94.8521
H2 Avg (Jul–Dec) 84.3072

Volatility Range Comparison

Volatility

The 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).

April Spread (Volatile) ±9.2516
February Spread (Stable) ±3.1334

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.5755

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (March) 97.6427
2021 Avg (March) 97.4946

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