YEARLY HIGH
595.9817 IQD
YEARLY LOW
586.2257 IQD
YEARLY AVERAGE
591.1912 IQD

2019 BZD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 595.9817. Conversely, the yearly low was recorded on September 7, dropping to 586.2257.

This high-to-low spread represents a total annual volatility of 9.7561 IQD. From a start-to-finish perspective, comparing the January average rate of 591.4596 to the December average rate of 591.1904, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 595.9817 was up 0.05% compared to the 2018 peak of 595.7120, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,979,909 IQD
2018 Average 2,959,149 IQD
Yearly Trough Low 2,931,128 IQD
Transaction Impact: A difference of 48,780.34 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

591.5704
590.7463
JanuMarcMayJulySeptNove

BZD 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 591.2606, compared to 591.1218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1388 points.

H1 Avg (Jan–Jun) 591.2606
H2 Avg (Jul–Dec) 591.1218

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 6.5355 IQD (High: 592.7611 / Low: 586.2257). On the other end, August was the most stable month, with a tight range of 1.9407 IQD (High: 592.0634 / Low: 590.1227).

September Spread (Volatile) ±6.5355
August Spread (Stable) ±1.9407

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.3765 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3765

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 591.5018) against the same month in 2018 (average: 591.7491), the exchange rate shifted by -0.2473 (-0.04%).

2019 Avg (April) 591.5018
2018 Avg (April) 591.7491

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 594.1529 589.0819 591.4596
February 593.1749 589.8136 591.2090
March 595.8340 589.8219 591.4530
April 595.9817 590.2230 591.5018
May 593.2708 590.0141 591.1252
June 592.1822 589.0765 590.8150
July 591.9778 589.5114 590.8483
August 592.0634 590.1227 591.2770
September 592.7611 586.2257 590.9775
October 592.2685 589.9952 591.1857
November 592.2818 590.2746 591.2519
December 592.2632 589.9141 591.1904