YEARLY HIGH
37.7071 IQD
YEARLY LOW
30.4783 IQD
YEARLY AVERAGE
34.3856 IQD

2020 ETB to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 37.7071. Conversely, the yearly low was recorded on December 23, dropping to 30.4783.

This high-to-low spread represents a total annual volatility of 7.2287 IQD. From a start-to-finish perspective, comparing the January average rate of 37.1834 to the December average rate of 32.5697, the exchange rate registered a net change of -12.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 37.7071 was down 11.33% compared to the 2019 peak of 42.5251, 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 188,535 IQD
2019 Average 204,054 IQD
Yearly Trough Low 152,392 IQD
Transaction Impact: A difference of 36,143.65 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

37.7551
30.8939
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 36.1292, compared to 32.6420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4872 points.

H1 Avg (Jan–Jun) 36.1292
H2 Avg (Jul–Dec) 32.6420

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 6.9399 IQD (High: 37.4182 / Low: 30.4783). On the other end, January was the most stable month, with a tight range of 0.4664 IQD (High: 37.4000 / Low: 36.9336).

December Spread (Volatile) ±6.9399
January Spread (Stable) ±0.4664

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8439 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.8439

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 37.1237) against the same month in 2019 (average: 41.8518), the exchange rate shifted by -4.7281 (-11.30%).

2020 Avg (February) 37.1237
2019 Avg (February) 41.8518

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.4000 36.9336 37.1834
February 37.7071 36.7152 37.1237
March 36.8559 36.0115 36.5311
April 36.5751 35.6870 36.0380
May 35.8932 34.7831 35.2767
June 34.9856 34.0220 34.6221
July 34.2653 33.7589 33.8734
August 34.0848 33.0275 33.3778
September 33.0574 32.3187 32.5339
October 32.4213 31.4313 32.0315
November 32.1921 31.2143 31.4657
December 37.4182 30.4783 32.5697