YEARLY HIGH
598.8048 IQD
YEARLY LOW
586.7560 IQD
YEARLY AVERAGE
595.6247 IQD

2019 BBD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BBD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 598.8048. Conversely, the yearly low was recorded on August 25, dropping to 586.7560.

This high-to-low spread represents a total annual volatility of 12.0488 IQD. From a start-to-finish perspective, comparing the January average rate of 595.7002 to the December average rate of 595.7170, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 598.8048 was down 0.11% compared to the 2018 peak of 599.4593, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BBD based on timing:

Yearly Peak High 2,994,024 IQD
2018 Average 2,974,998 IQD
Yearly Trough Low 2,933,780 IQD
Transaction Impact: A difference of 60,243.90 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

595.8755
595.3607
JanuMarcMayJulySeptNove

BBD 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 595.6554, compared to 595.5940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0613 points.

H1 Avg (Jan–Jun) 595.6554
H2 Avg (Jul–Dec) 595.5940

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 10.0187 IQD (High: 596.7747 / Low: 586.7560). On the other end, February was the most stable month, with a tight range of 1.7995 IQD (High: 596.7995 / Low: 595.0000).

August Spread (Volatile) ±10.0187
February Spread (Stable) ±1.7995

Growth Streaks & Declines

Trends

Between September and November, 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 February and March, when the average rate fell by 0.3707 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3707

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 595.7002) against the same month in 2018 (average: 594.1914), the exchange rate shifted by +1.5088 (+0.25%).

2019 Avg (January) 595.7002
2018 Avg (January) 594.1914

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 598.8048 593.7940 595.7002
February 596.7995 595.0000 595.8326
March 597.7322 595.0000 595.4619
April 598.5464 595.0000 595.8325
May 597.8948 595.0000 595.7015
June 598.0454 593.7893 595.4036
July 598.2645 594.1656 595.6065
August 596.7747 586.7560 595.5602
September 597.8263 591.1637 595.4561
October 597.0801 594.3033 595.4799
November 596.9969 594.9912 595.7445
December 596.9093 594.4925 595.7170