2020 GMD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GMD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GMD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 28.2465. Conversely, the yearly low was recorded on August 7, dropping to 22.9420.
This high-to-low spread represents a total annual volatility of 5.3045 IQD. From a start-to-finish perspective, comparing the January average rate of 23.2914 to the December average rate of 24.3723, the exchange rate registered a net change of 4.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 28.2465 was up 16.72% compared to the 2019 peak of 24.2002, 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 2020.
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 23.2754, compared to 23.2490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0263 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 5.2550 IQD (High: 28.2465 / Low: 22.9915). On the other end, November was the most stable month, with a tight range of 0.0881 IQD (High: 23.0611 / Low: 22.9730).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1737 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 24.3723) against the same month in 2019 (average: 23.2105), the exchange rate shifted by +1.1619 (+5.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.4134 | 23.2138 | 23.2914 |
| February | 23.4546 | 23.2877 | 23.3503 |
| March | 23.5776 | 23.2035 | 23.3916 |
| April | 23.4583 | 23.2968 | 23.3543 |
| May | 23.3255 | 23.1019 | 23.1806 |
| June | 23.1568 | 23.0130 | 23.0839 |
| July | 23.1211 | 22.9730 | 23.0282 |
| August | 23.0816 | 22.9420 | 23.0265 |
| September | 23.0803 | 22.9648 | 23.0241 |
| October | 23.1318 | 22.9811 | 23.0265 |
| November | 23.0611 | 22.9730 | 23.0163 |
| December | 28.2465 | 22.9915 | 24.3723 |