2020 CNY to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |