2020 FKP to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 FKP to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the FKP to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1998.0520. Conversely, the yearly low was recorded on March 19, dropping to 1370.3623.
This high-to-low spread represents a total annual volatility of 627.6897 IQD. From a start-to-finish perspective, comparing the January average rate of 1558.7012 to the December average rate of 1697.2961, the exchange rate registered a net change of 8.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 1998.0520 was up 24.38% compared to the 2019 peak of 1606.3590, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
FKP 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 1501.8114, compared to 1573.3029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 71.4915 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 422.8948 IQD (High: 1998.0520 / Low: 1575.1572). On the other end, October was the most stable month, with a tight range of 29.8074 IQD (High: 1565.3168 / Low: 1535.5093).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 71.0236 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 1697.2961) against the same month in 2019 (average: 1562.1988), the exchange rate shifted by +135.0973 (+8.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1590.1568 | 1548.8971 | 1558.7012 |
| February | 1571.3471 | 1525.7584 | 1545.2320 |
| March | 1562.2309 | 1370.3623 | 1474.2084 |
| April | 1502.3640 | 1456.1444 | 1478.3382 |
| May | 1488.3631 | 1438.1099 | 1463.8435 |
| June | 1516.4085 | 1464.9670 | 1490.5451 |
| July | 1563.5843 | 1485.5094 | 1509.7452 |
| August | 1594.5167 | 1552.9511 | 1567.6402 |
| September | 1599.0048 | 1516.3691 | 1543.6026 |
| October | 1565.3168 | 1535.5093 | 1546.7047 |
| November | 1595.4666 | 1538.1911 | 1574.8286 |
| December | 1998.0520 | 1575.1572 | 1697.2961 |