2019 GHS to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GHS to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GHS to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 247.0213. Conversely, the yearly low was recorded on May 19, dropping to 82.0556.
This high-to-low spread represents a total annual volatility of 164.9657 IQD. From a start-to-finish perspective, comparing the January average rate of 243.1373 to the December average rate of 209.1026, the exchange rate registered a net change of -14.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 247.0213 was down 8.66% compared to the 2018 peak of 270.4465, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
GHS 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 227.5024, compared to 216.7202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.7821 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 150.2020 IQD (High: 232.2576 / Low: 82.0556). On the other end, July was the most stable month, with a tight range of 3.5365 IQD (High: 223.1309 / Low: 219.5944).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 16.4887 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 243.1373) against the same month in 2018 (average: 261.7103), the exchange rate shifted by -18.5730 (-7.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 247.0213 | 237.5870 | 243.1373 |
| February | 240.0244 | 216.3636 | 226.6486 |
| March | 233.8577 | 210.8336 | 219.8620 |
| April | 234.0352 | 219.9836 | 230.1383 |
| May | 232.2576 | 82.0556 | 224.5023 |
| June | 222.3796 | 217.5994 | 220.7258 |
| July | 223.1309 | 219.5944 | 221.0196 |
| August | 221.0833 | 217.3218 | 219.6155 |
| September | 220.2780 | 215.1642 | 217.2096 |
| October | 221.3814 | 215.9050 | 218.4419 |
| November | 216.9307 | 212.4242 | 214.9321 |
| December | 212.3257 | 206.8636 | 209.1026 |