2020 BGN to IQD Historical Review

YEARLY HIGH

917.7391 IQD

YEARLY LOW

650.3130 IQD

YEARLY AVERAGE

699.0276 IQD

2020 BGN to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 917.7391. Conversely, the yearly low was recorded on March 21, dropping to 650.3130.

This high-to-low spread represents a total annual volatility of 267.4261 IQD. From a start-to-finish perspective, comparing the January average rate of 676.7103 to the December average rate of 785.1024, the exchange rate registered a net change of 16.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 917.7391 was up 30.24% compared to the 2019 peak of 704.6609, 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 4,588,695 IQD

2019 Average 3,409,160 IQD

Yearly Trough Low 3,251,565 IQD

Transaction Impact: A difference of 1,337,130.32 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

797.4313

649.4836

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 671.0831, compared to 726.9721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 55.8890 points.

H1 Avg (Jan–Jun) 671.0831

H2 Avg (Jul–Dec) 726.9721

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 181.2857 IQD (High: 917.7391 / Low: 736.4534). On the other end, April was the most stable month, with a tight range of 11.6751 IQD (High: 668.3216 / Low: 656.6464).

December Spread (Volatile) ±181.2857

April Spread (Stable) ±11.6751

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 11.5301 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -11.5301

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 785.1024) against the same month in 2019 (average: 676.8701), the exchange rate shifted by +108.2323 (+15.99%).

2020 Avg (December) 785.1024

2019 Avg (December) 676.8701

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	688.0717	670.5737	676.7103
February	674.7064	657.8885	665.2892
March	693.6356	650.3130	673.3427
April	668.3216	656.6464	661.8126
May	676.8373	656.8319	664.0506
June	692.0281	678.6118	685.2932
July	722.0984	683.8487	698.2610
August	728.0166	715.6736	721.7339
September	726.4933	706.8607	717.9806
October	723.3401	709.2609	717.1675
November	729.2190	708.7895	721.5874
December	917.7391	736.4534	785.1024