2019 GMD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GMD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GMD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 24.2002. Conversely, the yearly low was recorded on December 16, dropping to 23.1208.
This high-to-low spread represents a total annual volatility of 1.0794 IQD. From a start-to-finish perspective, comparing the January average rate of 24.0679 to the December average rate of 23.2105, the exchange rate registered a net change of -3.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 24.2002 was down 4.71% compared to the 2018 peak of 25.3959, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
GMD 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 24.0301, compared to 23.5405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4896 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was October, with a trading range of 0.4453 IQD (High: 23.6699 / Low: 23.2245). On the other end, February was the most stable month, with a tight range of 0.0755 IQD (High: 24.0893 / Low: 24.0137).
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 October and November, when the average rate fell by 0.1980 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2019: 24.0189) against the same month in 2018 (average: 25.2191), the exchange rate shifted by -1.2002 (-4.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.1941 | 23.9723 | 24.0679 |
| February | 24.0893 | 24.0137 | 24.0529 |
| March | 24.1143 | 23.9413 | 24.0012 |
| April | 24.1861 | 23.9688 | 24.0343 |
| May | 24.0794 | 23.9052 | 24.0051 |
| June | 24.2002 | 23.8675 | 24.0189 |
| July | 24.0766 | 23.7857 | 23.8913 |
| August | 23.8291 | 23.4257 | 23.7507 |
| September | 23.7852 | 23.4380 | 23.6409 |
| October | 23.6699 | 23.2245 | 23.4737 |
| November | 23.4431 | 23.2082 | 23.2757 |
| December | 23.2740 | 23.1208 | 23.2105 |