2020 CAD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CAD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CAD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1148.0119. Conversely, the yearly low was recorded on March 23, dropping to 822.1685.
This high-to-low spread represents a total annual volatility of 325.8434 IQD. From a start-to-finish perspective, comparing the January average rate of 911.4679 to the December average rate of 984.8197, the exchange rate registered a net change of 8.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 1148.0119 was up 25.23% compared to the 2019 peak of 916.7039, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CAD 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 873.4397, compared to 913.9105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.4707 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 226.3940 IQD (High: 1148.0119 / Low: 921.6180). On the other end, February was the most stable month, with a tight range of 13.2197 IQD (High: 901.6441 / Low: 888.4244).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 41.8126 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 984.8197) against the same month in 2019 (average: 904.7439), the exchange rate shifted by +80.0757 (+8.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 924.7001 | 898.9545 | 911.4679 |
| February | 901.6441 | 888.4244 | 897.0657 |
| March | 893.0548 | 822.1685 | 855.2531 |
| April | 859.6410 | 836.6636 | 847.4167 |
| May | 865.1085 | 834.6479 | 850.8400 |
| June | 889.9891 | 869.4382 | 878.5950 |
| July | 894.1731 | 875.2993 | 882.2053 |
| August | 914.7996 | 887.3015 | 901.2126 |
| September | 914.8661 | 888.8789 | 901.8315 |
| October | 910.5943 | 893.3263 | 902.2936 |
| November | 918.2583 | 890.1322 | 911.1000 |
| December | 1148.0119 | 921.6180 | 984.8197 |