YEARLY HIGH
0.1262 JMD
YEARLY LOW
0.0972 JMD
YEARLY AVERAGE
0.1187 JMD

2020 IQD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.1262. Conversely, the yearly low was recorded on December 30, dropping to 0.0972.

This high-to-low spread represents a total annual volatility of 0.0290 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1129 to the December average rate of 0.1149, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1262 was up 6.62% compared to the 2019 peak of 0.1184, 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 631 JMD
2019 Average 561 JMD
Yearly Trough Low 486 JMD
Transaction Impact: A difference of 145.04 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1261
0.1117
JanuMarcMayJulySeptNove

IQD to JMD 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 0.1164, compared to 0.1209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1164
H2 Avg (Jul–Dec) 0.1209

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0256 JMD (High: 0.1228 / Low: 0.0972). On the other end, August was the most stable month, with a tight range of 0.0028 JMD (High: 0.1262 / Low: 0.1234).

December Spread (Volatile) ±0.0256
August Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0084 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.1249) against the same month in 2019 (average: 0.1133), the exchange rate shifted by +0.0116 (+10.25%).

2020 Avg (August) 0.1249
2019 Avg (August) 0.1133

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1173 0.1099 0.1129
February 0.1189 0.1153 0.1174
March 0.1153 0.1121 0.1135
April 0.1190 0.1124 0.1155
May 0.1236 0.1182 0.1212
June 0.1202 0.1169 0.1182
July 0.1237 0.1166 0.1201
August 0.1262 0.1234 0.1249
September 0.1242 0.1185 0.1207
October 0.1227 0.1187 0.1212
November 0.1245 0.1217 0.1233
December 0.1228 0.0972 0.1149