YEARLY HIGH
725.1517 IQD
YEARLY LOW
589.0503 IQD
YEARLY AVERAGE
594.3067 IQD

2020 BZD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 725.1517. Conversely, the yearly low was recorded on March 31, dropping to 589.0503.

This high-to-low spread represents a total annual volatility of 136.1013 IQD. From a start-to-finish perspective, comparing the January average rate of 591.3923 to the December average rate of 625.7675, the exchange rate registered a net change of 5.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 725.1517 was up 21.67% compared to the 2019 peak of 595.9817, 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 3,625,758 IQD
2019 Average 2,955,958 IQD
Yearly Trough Low 2,945,252 IQD
Transaction Impact: A difference of 680,506.59 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

629.2697
587.2428
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 591.3611, compared to 597.2523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8913 points.

H1 Avg (Jan–Jun) 591.3611
H2 Avg (Jul–Dec) 597.2523

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 134.8218 IQD (High: 725.1517 / Low: 590.3299). On the other end, June was the most stable month, with a tight range of 1.8647 IQD (High: 591.7987 / Low: 589.9339).

December Spread (Volatile) ±134.8218
June Spread (Stable) ±1.8647

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.2103 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 625.7675) against the same month in 2019 (average: 591.1904), the exchange rate shifted by +34.5771 (+5.85%).

2020 Avg (December) 625.7675
2019 Avg (December) 591.1904

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 593.3182 590.2362 591.3923
February 592.2455 590.0913 591.1219
March 596.9146 589.0503 592.0538
April 600.4051 590.2192 591.9554
May 593.1632 590.1721 590.7451
June 591.7987 589.9339 590.8978
July 593.2493 590.3223 591.3892
August 595.4204 590.2561 592.5033
September 592.2663 589.9102 591.3082
October 594.9749 590.0090 591.3115
November 594.7484 590.0843 591.2342
December 725.1517 590.3299 625.7675