YEARLY HIGH
0.1463 IQD
YEARLY LOW
0.1191 IQD
YEARLY AVERAGE
0.1245 IQD

2020 GNF to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.1463. Conversely, the yearly low was recorded on December 23, dropping to 0.1191.

This high-to-low spread represents a total annual volatility of 0.0272 IQD. From a start-to-finish perspective, comparing the January average rate of 0.1257 to the December average rate of 0.1268, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1463 was up 10.72% compared to the 2019 peak of 0.1321, 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 731 IQD
2019 Average 645 IQD
Yearly Trough Low 595 IQD
Transaction Impact: A difference of 135.98 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1273
0.1212
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 0.1255, compared to 0.1235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1255
H2 Avg (Jul–Dec) 0.1235

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0272 IQD (High: 0.1463 / Low: 0.1191). On the other end, July was the most stable month, with a tight range of 0.0004 IQD (High: 0.1241 / Low: 0.1237).

December Spread (Volatile) ±0.0272
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1268) against the same month in 2019 (average: 0.1257), the exchange rate shifted by +0.0011 (+0.90%).

2020 Avg (December) 0.1268
2019 Avg (December) 0.1257

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1266 0.1250 0.1257
February 0.1264 0.1249 0.1258
March 0.1265 0.1248 0.1257
April 0.1264 0.1246 0.1255
May 0.1263 0.1249 0.1257
June 0.1259 0.1234 0.1247
July 0.1241 0.1237 0.1238
August 0.1245 0.1235 0.1237
September 0.1242 0.1217 0.1229
October 0.1224 0.1216 0.1219
November 0.1221 0.1213 0.1217
December 0.1463 0.1191 0.1268