2020 BWP to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BWP to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BWP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 135.4519. Conversely, the yearly low was recorded on April 17, dropping to 96.5254.
This high-to-low spread represents a total annual volatility of 38.9265 IQD. From a start-to-finish perspective, comparing the January average rate of 111.1578 to the December average rate of 115.8567, the exchange rate registered a net change of 4.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 135.4519 was up 17.07% compared to the 2019 peak of 115.7026, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BWP 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 103.6627, compared to 105.9534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2907 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 28.0628 IQD (High: 135.4519 / Low: 107.3891). On the other end, February was the most stable month, with a tight range of 2.4910 IQD (High: 109.6706 / Low: 107.1795).
Growth Streaks & Declines
TrendsBetween August and December, 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 6.1399 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 115.8567) against the same month in 2019 (average: 110.9048), the exchange rate shifted by +4.9519 (+4.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 112.8132 | 109.0140 | 111.1578 |
| February | 109.6706 | 107.1795 | 108.3835 |
| March | 107.7631 | 99.5585 | 104.0426 |
| April | 100.0249 | 96.5254 | 97.9026 |
| May | 100.7141 | 97.5115 | 98.7308 |
| June | 103.5569 | 100.7627 | 101.7589 |
| July | 104.4777 | 101.0705 | 102.8935 |
| August | 104.1004 | 100.8706 | 102.5258 |
| September | 105.4612 | 101.8470 | 103.5926 |
| October | 105.1923 | 102.6865 | 104.0390 |
| November | 108.1470 | 104.3206 | 106.8126 |
| December | 135.4519 | 107.3891 | 115.8567 |