YEARLY HIGH
178.7290 IQD
YEARLY LOW
165.3766 IQD
YEARLY AVERAGE
172.5224 IQD

2019 CNY to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CNY to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 178.7290. Conversely, the yearly low was recorded on August 25, dropping to 165.3766.

This high-to-low spread represents a total annual volatility of 13.3525 IQD. From a start-to-finish perspective, comparing the January average rate of 175.4284 to the December average rate of 169.9370, the exchange rate registered a net change of -3.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 178.7290 was down 5.83% compared to the 2018 peak of 189.7887, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 4,468,226 IQD
2018 Average 4,502,740 IQD
Yearly Trough Low 4,134,414 IQD
Transaction Impact: A difference of 333,811.81 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

178.4395
166.3763
JanuMarcMayJulySeptNove

CNY 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 175.5901, compared to 169.4547 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.1355 points.

H1 Avg (Jan–Jun) 175.5901
H2 Avg (Jul–Dec) 169.4547

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 7.0835 IQD (High: 172.4600 / Low: 165.3766). On the other end, March was the most stable month, with a tight range of 1.2065 IQD (High: 178.0793 / Low: 176.8728).

August Spread (Volatile) ±7.0835
March Spread (Stable) ±1.2065

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 4.4180 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.4180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 175.4284) against the same month in 2018 (average: 184.9446), the exchange rate shifted by -9.5161 (-5.15%).

2019 Avg (January) 175.4284
2018 Avg (January) 184.9446

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 178.7290 173.0626 175.4284
February 178.2838 175.5481 176.7831
March 178.0793 176.8728 177.3818
April 178.5586 176.7969 177.4342
May 176.9827 172.0014 173.8790
June 173.9426 171.3430 172.6342
July 174.6299 172.6226 173.1457
August 172.4600 165.3766 168.7277
September 168.4726 166.0324 167.3816
October 168.9604 166.3155 167.8394
November 170.9505 169.0533 169.6966
December 171.2015 168.7967 169.9370