YEARLY HIGH
1797.1151 IQD
YEARLY LOW
1270.6477 IQD
YEARLY AVERAGE
1367.6279 IQD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 8,985,576 IQD
2019 Average 6,670,138 IQD
Yearly Trough Low 6,353,238 IQD
Transaction Impact: A difference of 2,632,337.37 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1560.0552
1270.1860
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 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.

H1 Avg (Jan–Jun) 1313.2471
H2 Avg (Jul–Dec) 1422.0087

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±357.7202
April Spread (Stable) ±22.6562

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -24.8251

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (December) 1535.8994
2019 Avg (December) 1323.9051

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