2020 EGP to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EGP to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EGP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 93.7910. Conversely, the yearly low was recorded on June 4, dropping to 73.2655.
This high-to-low spread represents a total annual volatility of 20.5255 IQD. From a start-to-finish perspective, comparing the January average rate of 74.9830 to the December average rate of 80.4033, the exchange rate registered a net change of 7.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 93.7910 was up 25.93% compared to the 2019 peak of 74.4782, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
EGP 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 75.2776, compared to 76.2109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9333 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 18.1586 IQD (High: 93.7910 / Low: 75.6324). On the other end, September was the most stable month, with a tight range of 0.5502 IQD (High: 75.7323 / Low: 75.1821).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.8566 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 80.4033) against the same month in 2019 (average: 74.0735), the exchange rate shifted by +6.3299 (+8.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 75.6146 | 74.0568 | 74.9830 |
| February | 76.6458 | 75.2815 | 75.9821 |
| March | 76.9511 | 75.4620 | 75.9426 |
| April | 75.9064 | 75.3072 | 75.5438 |
| May | 76.5859 | 75.0268 | 75.5353 |
| June | 74.8050 | 73.2655 | 73.6787 |
| July | 74.8313 | 73.7967 | 74.4554 |
| August | 75.3178 | 74.4382 | 74.8706 |
| September | 75.7323 | 75.1821 | 75.5414 |
| October | 76.2814 | 75.5375 | 75.8670 |
| November | 76.5001 | 75.7474 | 76.1274 |
| December | 93.7910 | 75.6324 | 80.4033 |