YEARLY HIGH
0.0066 HKD
YEARLY LOW
0.0053 HKD
YEARLY AVERAGE
0.0065 HKD

2020 IQD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.0066. Conversely, the yearly low was recorded on December 24, dropping to 0.0053.

This high-to-low spread represents a total annual volatility of 0.0013 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0062, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0066 was down 1.79% compared to the 2019 peak of 0.0067, 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 33 HKD
2019 Average 33 HKD
Yearly Trough Low 27 HKD
Transaction Impact: A difference of 6.30 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0066
0.0062
JanuMarcMayJulySeptNove

IQD to HKD 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 0.0065, compared to 0.0065 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) 0.0065
H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0012 HKD (High: 0.0065 / Low: 0.0053). On the other end, June was the most stable month, with a tight range of 0.0000 HKD (High: 0.0065 / Low: 0.0065).

December Spread (Volatile) ±0.0012
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and November, 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 (March 2020: 0.0065) against the same month in 2019 (average: 0.0066), the exchange rate shifted by -0.0001 (-1.09%).

2020 Avg (March) 0.0065
2019 Avg (March) 0.0066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0065 0.0065 0.0065
February 0.0066 0.0065 0.0065
March 0.0066 0.0065 0.0065
April 0.0065 0.0065 0.0065
May 0.0065 0.0065 0.0065
June 0.0065 0.0065 0.0065
July 0.0065 0.0065 0.0065
August 0.0065 0.0065 0.0065
September 0.0065 0.0065 0.0065
October 0.0065 0.0065 0.0065
November 0.0065 0.0065 0.0065
December 0.0065 0.0053 0.0062