YEARLY HIGH
0.0029 GEL
YEARLY LOW
0.0022 GEL
YEARLY AVERAGE
0.0026 GEL

2020 IQD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.0029. Conversely, the yearly low was recorded on December 27, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0007 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0026, the exchange rate registered a net change of 9.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0029 was up 15.65% compared to the 2019 peak of 0.0025, 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 15 GEL
2019 Average 12 GEL
Yearly Trough Low 11 GEL
Transaction Impact: A difference of 3.32 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0028
0.0023
JanuMarcMayJulySeptNove

IQD to GEL 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 0.0025, compared to 0.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0025
H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0006 GEL (High: 0.0029 / Low: 0.0023). On the other end, August was the most stable month, with a tight range of 0.0000 GEL (High: 0.0026 / Low: 0.0026).

March Spread (Volatile) ±0.0006
August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0025) against the same month in 2019 (average: 0.0023), the exchange rate shifted by +0.0003 (+12.46%).

2020 Avg (March) 0.0025
2019 Avg (March) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0024 0.0024
February 0.0024 0.0023 0.0024
March 0.0029 0.0023 0.0025
April 0.0028 0.0026 0.0027
May 0.0027 0.0027 0.0027
June 0.0027 0.0025 0.0026
July 0.0026 0.0026 0.0026
August 0.0026 0.0026 0.0026
September 0.0028 0.0026 0.0027
October 0.0027 0.0027 0.0027
November 0.0029 0.0027 0.0028
December 0.0028 0.0022 0.0026