YEARLY HIGH
247.0213 IQD
YEARLY LOW
82.0556 IQD
YEARLY AVERAGE
222.1113 IQD

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,235,107 IQD
2018 Average 1,271,988 IQD
Yearly Trough Low 410,278 IQD
Transaction Impact: A difference of 824,828.73 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

246.5407
205.6992
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 227.5024
H2 Avg (Jul–Dec) 216.7202

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±150.2020
July Spread (Stable) ±3.5365

Growth Streaks & Declines

Trends

No 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.

Longest Streak 1 Mo.
Sharpest MoM Drop -16.4887

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (January) 243.1373
2018 Avg (January) 261.7103

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