YEARLY HIGH
1.0596 KRW
YEARLY LOW
0.7429 KRW
YEARLY AVERAGE
0.9862 KRW

2020 IQD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 1.0596. Conversely, the yearly low was recorded on December 31, dropping to 0.7429.

This high-to-low spread represents a total annual volatility of 0.3167 KRW. From a start-to-finish perspective, comparing the January average rate of 0.9782 to the December average rate of 0.8743, the exchange rate registered a net change of -10.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0596 was up 2.46% compared to the 2019 peak of 1.0342, 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 5,298 KRW
2019 Average 4,891 KRW
Yearly Trough Low 3,714 KRW
Transaction Impact: A difference of 1,583.62 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0485
0.8584
JanuMarcMayJulySeptNove

IQD to KRW 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 1.0125, compared to 0.9600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0525 points.

H1 Avg (Jan–Jun) 1.0125
H2 Avg (Jul–Dec) 0.9600

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.1874 KRW (High: 0.9302 / Low: 0.7429). On the other end, July was the most stable month, with a tight range of 0.0136 KRW (High: 1.0115 / Low: 0.9979).

December Spread (Volatile) ±0.1874
July Spread (Stable) ±0.0136

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0616 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0616

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.0210) against the same month in 2019 (average: 0.9511), the exchange rate shifted by +0.0699 (+7.35%).

2020 Avg (March) 1.0210
2019 Avg (March) 0.9511

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0050 0.9625 0.9782
February 1.0218 0.9877 1.0028
March 1.0596 0.9919 1.0210
April 1.0389 1.0153 1.0266
May 1.0426 1.0229 1.0327
June 1.0260 1.0006 1.0134
July 1.0115 0.9979 1.0062
August 1.0037 0.9888 0.9951
September 0.9983 0.9756 0.9883
October 0.9805 0.9442 0.9602
November 0.9552 0.9268 0.9358
December 0.9302 0.7429 0.8743