2019 BZD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
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.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |