2020 EUR to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EUR to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EUR to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1797.1151. Conversely, the yearly low was recorded on March 19, dropping to 1270.6477.
This high-to-low spread represents a total annual volatility of 526.4675 IQD. From a start-to-finish perspective, comparing the January average rate of 1323.6131 to the December average rate of 1535.8994, the exchange rate registered a net change of 16.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 1797.1151 was up 30.31% compared to the 2019 peak of 1379.1520, 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 2020.
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 1313.2471, compared to 1422.0087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 108.7616 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 357.7202 IQD (High: 1797.1151 / Low: 1439.3949). On the other end, April was the most stable month, with a tight range of 22.6562 IQD (High: 1307.0575 / Low: 1284.4012).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 24.8251 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 1535.8994) against the same month in 2019 (average: 1323.9051), the exchange rate shifted by +211.9944 (+16.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1346.2050 | 1311.6995 | 1323.6131 |
| February | 1320.5349 | 1286.4246 | 1300.8301 |
| March | 1358.3178 | 1270.6477 | 1319.1668 |
| April | 1307.0575 | 1284.4012 | 1294.3417 |
| May | 1324.9541 | 1284.7456 | 1301.1156 |
| June | 1352.6755 | 1326.1900 | 1340.4151 |
| July | 1415.3604 | 1338.1552 | 1365.7628 |
| August | 1423.8058 | 1399.2024 | 1411.5120 |
| September | 1422.7278 | 1384.0830 | 1404.8460 |
| October | 1412.9768 | 1389.3754 | 1402.4522 |
| November | 1427.3728 | 1385.3737 | 1411.5799 |
| December | 1797.1151 | 1439.3949 | 1535.8994 |