YEARLY HIGH
0.0328 ETB
YEARLY LOW
0.0265 ETB
YEARLY AVERAGE
0.0292 ETB

2020 IQD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0328. Conversely, the yearly low was recorded on February 3, dropping to 0.0265.

This high-to-low spread represents a total annual volatility of 0.0063 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0269 to the December average rate of 0.0309, the exchange rate registered a net change of 14.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0328 was up 22.38% compared to the 2019 peak of 0.0268, 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 164 ETB
2019 Average 123 ETB
Yearly Trough Low 133 ETB
Transaction Impact: A difference of 31.45 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0323
0.0264
JanuMarcMayJulySeptNove

IQD to ETB 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 0.0277, compared to 0.0307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0277
H2 Avg (Jul–Dec) 0.0307

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0061 ETB (High: 0.0328 / Low: 0.0267). On the other end, January was the most stable month, with a tight range of 0.0003 ETB (High: 0.0271 / Low: 0.0267).

December Spread (Volatile) ±0.0061
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0009 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0309) against the same month in 2019 (average: 0.0264), the exchange rate shifted by +0.0045 (+16.95%).

2020 Avg (December) 0.0309
2019 Avg (December) 0.0264

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0271 0.0267 0.0269
February 0.0272 0.0265 0.0269
March 0.0278 0.0271 0.0274
April 0.0280 0.0273 0.0277
May 0.0287 0.0279 0.0283
June 0.0294 0.0286 0.0289
July 0.0296 0.0292 0.0295
August 0.0303 0.0293 0.0300
September 0.0309 0.0303 0.0307
October 0.0318 0.0308 0.0312
November 0.0320 0.0311 0.0318
December 0.0328 0.0267 0.0309