2020 BZD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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 591.3611, 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |