YEARLY HIGH
704.6609 IQD
YEARLY LOW
664.0545 IQD
YEARLY AVERAGE
681.8776 IQD

2019 BGN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 704.6609. Conversely, the yearly low was recorded on October 1, dropping to 664.0545.

This high-to-low spread represents a total annual volatility of 40.6065 IQD. From a start-to-finish perspective, comparing the January average rate of 695.4621 to the December average rate of 676.8701, the exchange rate registered a net change of -2.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 704.6609 was down 7.26% compared to the 2018 peak of 759.8568, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,523,305 IQD
2018 Average 3,592,699 IQD
Yearly Trough Low 3,320,272 IQD
Transaction Impact: A difference of 203,032.30 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

697.9533
668.0586
JanuMarcMayJulySeptNove

BGN 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 687.9687, compared to 675.7864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.1822 points.

H1 Avg (Jan–Jun) 687.9687
H2 Avg (Jul–Dec) 675.7864

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 16.4154 IQD (High: 680.4699 / Low: 664.0545). On the other end, May was the most stable month, with a tight range of 7.7181 IQD (High: 684.8009 / Low: 677.0827).

October Spread (Volatile) ±16.4154
May Spread (Stable) ±7.7181

Growth Streaks & Declines

Trends

Between September and December, 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 7.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -7.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 695.4621) against the same month in 2018 (average: 741.2972), the exchange rate shifted by -45.8351 (-6.18%).

2019 Avg (January) 695.4621
2018 Avg (January) 741.2972

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 704.6609 688.8383 695.4621
February 698.0768 687.1675 691.5252
March 695.9708 682.0218 687.9923
April 690.1062 678.3429 683.9431
May 684.8009 677.0827 681.5738
June 694.5338 679.5150 687.3155
July 690.5017 674.5304 682.9921
August 684.3949 668.2728 677.5518
September 675.0094 664.2033 670.5499
October 680.4699 664.0545 673.3772
November 679.7274 670.3470 673.3776
December 683.7397 671.0349 676.8701