YEARLY HIGH
188.5299 IQD
YEARLY LOW
152.3466 IQD
YEARLY AVERAGE
154.3754 IQD

2020 HKD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 188.5299. Conversely, the yearly low was recorded on March 29, dropping to 152.3466.

This high-to-low spread represents a total annual volatility of 36.1833 IQD. From a start-to-finish perspective, comparing the January average rate of 153.3494 to the December average rate of 162.7215, the exchange rate registered a net change of 6.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 188.5299 was up 22.98% compared to the 2019 peak of 153.3062, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 4,713,247 IQD
2019 Average 3,800,995 IQD
Yearly Trough Low 3,808,665 IQD
Transaction Impact: A difference of 904,582.65 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

163.6683
152.3064
JanuMarcMayJulySeptNove

HKD 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 153.4741, compared to 155.2768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8027 points.

H1 Avg (Jan–Jun) 153.4741
H2 Avg (Jul–Dec) 155.2768

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 35.0360 IQD (High: 188.5299 / Low: 153.4939). On the other end, June was the most stable month, with a tight range of 0.4049 IQD (High: 153.9186 / Low: 153.5137).

December Spread (Volatile) ±35.0360
June Spread (Stable) ±0.4049

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1540 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 162.7215) against the same month in 2019 (average: 152.6561), the exchange rate shifted by +10.0653 (+6.59%).

2020 Avg (December) 162.7215
2019 Avg (December) 152.6561

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 153.9828 152.8483 153.3494
February 153.6970 152.6600 153.2532
March 154.5930 152.3466 153.3990
April 154.2148 153.4195 153.6502
May 153.9779 153.2133 153.5208
June 153.9186 153.5137 153.6720
July 153.9980 153.4716 153.7551
August 154.4727 153.5383 153.9417
September 154.1151 153.4104 153.7877
October 154.4520 153.4801 153.7608
November 153.9394 153.4721 153.6938
December 188.5299 153.4939 162.7215