YEARLY HIGH
224.0026 IQD
YEARLY LOW
165.9855 IQD
YEARLY AVERAGE
173.6593 IQD

2020 CNY to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CNY to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 224.0026. Conversely, the yearly low was recorded on May 27, dropping to 165.9855.

This high-to-low spread represents a total annual volatility of 58.0171 IQD. From a start-to-finish perspective, comparing the January average rate of 172.1551 to the December average rate of 192.8889, the exchange rate registered a net change of 12.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 224.0026 was up 25.33% compared to the 2019 peak of 178.7290, 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 5,600,065 IQD
2019 Average 4,312,386 IQD
Yearly Trough Low 4,149,638 IQD
Transaction Impact: A difference of 1,450,426.76 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

195.4195
165.0528
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 169.3680, compared to 177.9505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.5825 points.

H1 Avg (Jan–Jun) 169.3680
H2 Avg (Jul–Dec) 177.9505

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 42.6179 IQD (High: 224.0026 / Low: 181.3846). On the other end, April was the most stable month, with a tight range of 1.3407 IQD (High: 169.1988 / Low: 167.8581).

December Spread (Volatile) ±42.6179
April Spread (Stable) ±1.3407

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.8306 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.8306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 192.8889) against the same month in 2019 (average: 169.9370), the exchange rate shifted by +22.9519 (+13.51%).

2020 Avg (December) 192.8889
2019 Avg (December) 169.9370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 174.0260 170.9138 172.1551
February 171.5513 169.0965 170.3245
March 172.5484 166.4308 169.5305
April 169.1988 167.8581 168.4374
May 168.7689 165.9855 167.5833
June 168.9584 167.2371 168.1774
July 170.7602 168.4026 170.0052
August 174.1639 170.6044 172.1631
September 176.2407 174.0805 174.9189
October 179.2537 175.1609 177.2586
November 181.9084 177.8190 180.4686
December 224.0026 181.3846 192.8889