YEARLY HIGH
0.6656 IQD
YEARLY LOW
0.6313 IQD
YEARLY AVERAGE
0.6469 IQD

2019 BIF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BIF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6656. Conversely, the yearly low was recorded on December 28, dropping to 0.6313.

This high-to-low spread represents a total annual volatility of 0.0343 IQD. From a start-to-finish perspective, comparing the January average rate of 0.6601 to the December average rate of 0.6346, the exchange rate registered a net change of -3.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6656 was down 1.89% compared to the 2018 peak of 0.6785, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,328 IQD
2018 Average 3,347 IQD
Yearly Trough Low 3,156 IQD
Transaction Impact: A difference of 171.62 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6626
0.6321
JanuMarcMayJulySeptNove

BIF 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 0.6527, compared to 0.6411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.6527
H2 Avg (Jul–Dec) 0.6411

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.0132 IQD (High: 0.6637 / Low: 0.6505). On the other end, November was the most stable month, with a tight range of 0.0024 IQD (High: 0.6375 / Low: 0.6351).

February Spread (Volatile) ±0.0132
November Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0046 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.6601) against the same month in 2018 (average: 0.6740), the exchange rate shifted by -0.0140 (-2.07%).

2019 Avg (January) 0.6601
2018 Avg (January) 0.6740

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6656 0.6535 0.6601
February 0.6637 0.6505 0.6570
March 0.6609 0.6481 0.6543
April 0.6529 0.6481 0.6504
May 0.6506 0.6436 0.6485
June 0.6499 0.6394 0.6458
July 0.6495 0.6425 0.6462
August 0.6474 0.6415 0.6458
September 0.6461 0.6353 0.6428
October 0.6457 0.6358 0.6410
November 0.6375 0.6351 0.6364
December 0.6365 0.6313 0.6346