YEARLY HIGH
42.5251 IQD
YEARLY LOW
37.2996 IQD
YEARLY AVERAGE
40.8182 IQD

2019 ETB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 42.5251. Conversely, the yearly low was recorded on December 31, dropping to 37.2996.

This high-to-low spread represents a total annual volatility of 5.2254 IQD. From a start-to-finish perspective, comparing the January average rate of 42.0109 to the December average rate of 37.8499, the exchange rate registered a net change of -9.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 42.5251 was down 2.95% compared to the 2018 peak of 43.8189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 212,625 IQD
2018 Average 215,051 IQD
Yearly Trough Low 186,498 IQD
Transaction Impact: A difference of 26,127.21 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

42.4270
37.4338
JanuMarcMayJulySeptNove

ETB 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 41.5567, compared to 40.0797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4770 points.

H1 Avg (Jan–Jun) 41.5567
H2 Avg (Jul–Dec) 40.0797

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1.8271 IQD (High: 39.1268 / Low: 37.2996). On the other end, April was the most stable month, with a tight range of 0.5623 IQD (High: 41.7103 / Low: 41.1480).

December Spread (Volatile) ±1.8271
April Spread (Stable) ±0.5623

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 November and December, when the average rate fell by 1.9800 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -1.9800

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 42.0109) against the same month in 2018 (average: 43.2902), the exchange rate shifted by -1.2793 (-2.96%).

2019 Avg (January) 42.0109
2018 Avg (January) 43.2902

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.5251 41.7397 42.0109
February 42.1783 41.6084 41.8518
March 42.0740 41.4923 41.7250
April 41.7103 41.1480 41.3838
May 41.6355 40.8935 41.2436
June 41.5171 40.8654 41.1251
July 41.6630 40.8935 41.1238
August 41.2223 40.2980 40.8393
September 40.9208 40.3048 40.5335
October 40.7489 39.9329 40.3020
November 40.4833 38.8889 39.8299
December 39.1268 37.2996 37.8499