YEARLY HIGH
0.1321 IQD
YEARLY LOW
0.1247 IQD
YEARLY AVERAGE
0.1291 IQD

2019 GNF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.1321. Conversely, the yearly low was recorded on December 31, dropping to 0.1247.

This high-to-low spread represents a total annual volatility of 0.0074 IQD. From a start-to-finish perspective, comparing the January average rate of 0.1301 to the December average rate of 0.1257, the exchange rate registered a net change of -3.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1321 was down 0.82% compared to the 2018 peak of 0.1332, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 660 IQD
2018 Average 657 IQD
Yearly Trough Low 623 IQD
Transaction Impact: A difference of 37.14 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1305
0.1253
JanuMarcMayJulySeptNove

GNF 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 0.1298, compared to 0.1284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1298
H2 Avg (Jul–Dec) 0.1284

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0069 IQD (High: 0.1321 / Low: 0.1252). On the other end, October was the most stable month, with a tight range of 0.0010 IQD (High: 0.1291 / Low: 0.1281).

November Spread (Volatile) ±0.0069
October Spread (Stable) ±0.0010

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 November and December, when the average rate fell by 0.0018 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.1275) against the same month in 2018 (average: 0.1307), the exchange rate shifted by -0.0032 (-2.48%).

2019 Avg (November) 0.1275
2018 Avg (November) 0.1307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1310 0.1292 0.1301
February 0.1309 0.1290 0.1299
March 0.1308 0.1289 0.1297
April 0.1307 0.1289 0.1299
May 0.1306 0.1287 0.1297
June 0.1303 0.1287 0.1296
July 0.1307 0.1288 0.1294
August 0.1300 0.1288 0.1295
September 0.1300 0.1282 0.1292
October 0.1291 0.1281 0.1289
November 0.1321 0.1252 0.1275
December 0.1263 0.1247 0.1257