YEARLY HIGH
1106.1327 IQD
YEARLY LOW
818.9926 IQD
YEARLY AVERAGE
868.5976 IQD

2020 BND to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1106.1327. Conversely, the yearly low was recorded on March 23, dropping to 818.9926.

This high-to-low spread represents a total annual volatility of 287.1400 IQD. From a start-to-finish perspective, comparing the January average rate of 882.4344 to the December average rate of 946.9708, the exchange rate registered a net change of 7.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1106.1327 was up 24.82% compared to the 2019 peak of 886.2148, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,530,663 IQD
2019 Average 4,342,016 IQD
Yearly Trough Low 4,094,963 IQD
Transaction Impact: A difference of 1,435,700.17 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

958.0433
825.1732
JanuMarcMayJulySeptNove

BND 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 852.1496, compared to 885.0457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.8961 points.

H1 Avg (Jan–Jun) 852.1496
H2 Avg (Jul–Dec) 885.0457

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 218.2074 IQD (High: 1106.1327 / Low: 887.9253). On the other end, October was the most stable month, with a tight range of 7.8050 IQD (High: 879.7337 / Low: 871.9287).

December Spread (Volatile) ±218.2074
October Spread (Stable) ±7.8050

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 24.6532 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -24.6532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 946.9708) against the same month in 2019 (average: 878.2972), the exchange rate shifted by +68.6736 (+7.82%).

2020 Avg (December) 946.9708
2019 Avg (December) 878.2972

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 887.3817 871.5337 882.4344
February 872.7521 849.3654 857.7812
March 865.4209 818.9926 841.5209
April 844.1908 829.0702 836.2457
May 848.2443 834.5369 840.0567
June 859.5328 845.6921 854.8586
July 867.2180 853.4816 858.3481
August 877.6652 866.0567 871.1844
September 879.3435 863.5848 872.8542
October 879.7337 871.9287 876.6795
November 891.9733 872.3068 884.2372
December 1106.1327 887.9253 946.9708