YEARLY HIGH
1379.1520 IQD
YEARLY LOW
1299.8220 IQD
YEARLY AVERAGE
1334.1171 IQD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 6,895,760 IQD
2018 Average 7,027,315 IQD
Yearly Trough Low 6,499,110 IQD
Transaction Impact: A difference of 396,650.32 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1365.2791
1307.5670
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1346.0611
H2 Avg (Jul–Dec) 1322.1732

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±34.6799
May Spread (Stable) ±13.7499

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 14.3405 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -14.3405

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (January) 1360.4698
2018 Avg (January) 1449.8852

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