2019 EUR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 EUR to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the EUR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1379.1520. Conversely, the yearly low was recorded on September 26, dropping to 1299.8220.
This high-to-low spread represents a total annual volatility of 79.3301 IQD. From a start-to-finish perspective, comparing the January average rate of 1360.4698 to the December average rate of 1323.9051, the exchange rate registered a net change of -2.69% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 1379.1520 was down 7.21% compared to the 2018 peak of 1486.2739, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
EUR 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 1346.0611, compared to 1322.1732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.8879 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 34.6799 IQD (High: 1342.3788 / Low: 1307.6989). On the other end, May was the most stable month, with a tight range of 13.7499 IQD (High: 1339.2313 / Low: 1325.4814).
Growth Streaks & Declines
TrendsNo 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 14.3405 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 1360.4698) against the same month in 2018 (average: 1449.8852), the exchange rate shifted by -89.4154 (-6.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1379.1520 | 1348.5998 | 1360.4698 |
| February | 1365.9752 | 1343.6161 | 1352.6507 |
| March | 1361.8567 | 1334.7105 | 1345.6828 |
| April | 1353.7179 | 1327.1458 | 1338.6813 |
| May | 1339.2313 | 1325.4814 | 1333.2519 |
| June | 1358.4186 | 1327.6688 | 1345.6302 |
| July | 1350.5817 | 1319.5934 | 1335.9115 |
| August | 1342.3788 | 1307.6989 | 1326.7169 |
| September | 1324.4296 | 1299.8220 | 1312.3764 |
| October | 1330.3654 | 1300.9383 | 1317.2725 |
| November | 1329.0012 | 1311.1893 | 1316.8567 |
| December | 1337.5561 | 1312.4769 | 1323.9051 |