2020 FJD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 FJD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the FJD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 716.5732. Conversely, the yearly low was recorded on March 21, dropping to 503.3841.
This high-to-low spread represents a total annual volatility of 213.1891 IQD. From a start-to-finish perspective, comparing the January average rate of 550.3289 to the December average rate of 613.4668, the exchange rate registered a net change of 11.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 716.5732 was up 10.08% compared to the 2019 peak of 650.9606, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
FJD 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 536.3570, compared to 569.3247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.9677 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 142.7788 IQD (High: 716.5732 / Low: 573.7944). On the other end, October was the most stable month, with a tight range of 7.7262 IQD (High: 563.5412 / Low: 555.8150).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 16.8940 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 613.4668) against the same month in 2019 (average: 549.8139), the exchange rate shifted by +63.6529 (+11.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 559.5156 | 544.4231 | 550.3289 |
| February | 544.7394 | 535.9664 | 541.1114 |
| March | 541.7394 | 503.3841 | 524.2174 |
| April | 535.2524 | 516.8930 | 524.0921 |
| May | 538.0116 | 526.8968 | 531.4502 |
| June | 552.5118 | 542.1412 | 546.9423 |
| July | 561.9749 | 549.8559 | 555.0605 |
| August | 567.3903 | 557.6383 | 560.7361 |
| September | 567.9934 | 552.2042 | 561.2190 |
| October | 563.5412 | 555.8150 | 558.6752 |
| November | 574.8118 | 555.4000 | 566.7907 |
| December | 716.5732 | 573.7944 | 613.4668 |