2020 BBD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BBD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BBD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 730.8786. Conversely, the yearly low was recorded on March 29, dropping to 590.5297.
This high-to-low spread represents a total annual volatility of 140.3489 IQD. From a start-to-finish perspective, comparing the January average rate of 596.0220 to the December average rate of 630.7352, the exchange rate registered a net change of 5.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 730.8786 was up 22.06% compared to the 2019 peak of 598.8048, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 595.6037, compared to 601.8018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1981 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 135.8786 IQD (High: 730.8786 / Low: 595.0000). On the other end, June was the most stable month, with a tight range of 1.4922 IQD (High: 596.4922 / Low: 595.0000).
Growth Streaks & Declines
TrendsBetween May and August, 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 August and September, when the average rate fell by 0.6173 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 630.7352) against the same month in 2019 (average: 595.7170), the exchange rate shifted by +35.0182 (+5.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 599.9686 | 595.0000 | 596.0220 |
| February | 596.8253 | 595.0000 | 595.7776 |
| March | 600.5204 | 590.5297 | 595.5825 |
| April | 597.7172 | 594.7500 | 595.5150 |
| May | 597.0193 | 593.9029 | 595.2072 |
| June | 596.4922 | 595.0000 | 595.5179 |
| July | 596.8478 | 595.0000 | 595.9040 |
| August | 598.6210 | 595.0000 | 596.5646 |
| September | 597.2153 | 594.5000 | 595.9473 |
| October | 598.6521 | 594.7500 | 595.8917 |
| November | 596.7051 | 595.0000 | 595.7682 |
| December | 730.8786 | 595.0000 | 630.7352 |