YEARLY HIGH
0.0058 BOB
YEARLY LOW
0.0047 BOB
YEARLY AVERAGE
0.0058 BOB

2020 IQD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 0.0058. Conversely, the yearly low was recorded on December 30, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0011 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0058 to the December average rate of 0.0055, the exchange rate registered a net change of -5.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0058 was down 0.63% compared to the 2019 peak of 0.0059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29 BOB
2019 Average 29 BOB
Yearly Trough Low 24 BOB
Transaction Impact: A difference of 5.55 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0058
0.0055
JanuMarcMayJulySeptNove

IQD to BOB 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 0.0058, compared to 0.0057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0058
H2 Avg (Jul–Dec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0011 BOB (High: 0.0058 / Low: 0.0047). On the other end, February was the most stable month, with a tight range of 0.0000 BOB (High: 0.0058 / Low: 0.0058).

December Spread (Volatile) ±0.0011
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 0.0058) against the same month in 2019 (average: 0.0058), the exchange rate shifted by -0.0000 (-0.06%).

2020 Avg (June) 0.0058
2019 Avg (June) 0.0058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0058 0.0058 0.0058
February 0.0058 0.0058 0.0058
March 0.0058 0.0057 0.0058
April 0.0058 0.0057 0.0058
May 0.0058 0.0058 0.0058
June 0.0058 0.0058 0.0058
July 0.0058 0.0058 0.0058
August 0.0058 0.0058 0.0058
September 0.0058 0.0058 0.0058
October 0.0058 0.0058 0.0058
November 0.0058 0.0058 0.0058
December 0.0058 0.0047 0.0055