YEARLY HIGH
184.7105 IQD
YEARLY LOW
174.0635 IQD
YEARLY AVERAGE
178.6424 IQD

2019 DKK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DKK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 184.7105. Conversely, the yearly low was recorded on September 26, dropping to 174.0635.

This high-to-low spread represents a total annual volatility of 10.6470 IQD. From a start-to-finish perspective, comparing the January average rate of 182.2247 to the December average rate of 177.1911, the exchange rate registered a net change of -2.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 184.7105 was down 7.49% compared to the 2018 peak of 199.6560, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DKK based on timing:

Yearly Peak High 923,553 IQD
2018 Average 942,703 IQD
Yearly Trough Low 870,317 IQD
Transaction Impact: A difference of 53,235.20 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

182.8816
174.9987
JanuMarcMayJulySeptNove

DKK 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 180.2892, compared to 176.9956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2936 points.

H1 Avg (Jan–Jun) 180.2892
H2 Avg (Jul–Dec) 176.9956

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 4.2412 IQD (High: 180.9457 / Low: 176.7045). On the other end, May was the most stable month, with a tight range of 1.9270 IQD (High: 179.3774 / Low: 177.4504).

July Spread (Volatile) ±4.2412
May Spread (Stable) ±1.9270

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.9757 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.9757

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 182.2247) against the same month in 2018 (average: 194.7338), the exchange rate shifted by -12.5091 (-6.42%).

2019 Avg (January) 182.2247
2018 Avg (January) 194.7338

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 184.7105 180.6251 182.2247
February 182.9452 180.0646 181.2457
March 182.4904 178.8505 180.3055
April 181.2088 177.6835 179.2871
May 179.3774 177.4504 178.5230
June 181.9449 177.7835 180.1492
July 180.9457 176.7045 178.9063
August 179.5110 175.3757 177.6312
September 176.8736 174.0635 175.6556
October 178.0503 174.2220 176.3591
November 177.8429 175.4742 176.2303
December 178.9122 175.6494 177.1911