YEARLY HIGH
1.3002 MMK
YEARLY LOW
1.2376 MMK
YEARLY AVERAGE
1.2773 MMK

2019 IQD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the IQD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 1.3002. Conversely, the yearly low was recorded on December 30, dropping to 1.2376.

This high-to-low spread represents a total annual volatility of 0.0626 MMK. From a start-to-finish perspective, comparing the January average rate of 1.2866 to the December average rate of 1.2587, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.3002 was down 4.67% compared to the 2018 peak of 1.3639, 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 6,501 MMK
2018 Average 6,061 MMK
Yearly Trough Low 6,188 MMK
Transaction Impact: A difference of 313.15 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.2894
1.2559
JanuMarcMayJulySeptNove

IQD to MMK 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 1.2811, compared to 1.2734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 1.2811
H2 Avg (Jul–Dec) 1.2734

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0322 MMK (High: 1.2698 / Low: 1.2376). On the other end, July was the most stable month, with a tight range of 0.0106 MMK (High: 1.2749 / Low: 1.2643).

December Spread (Volatile) ±0.0322
July Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0134 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 1.2834) against the same month in 2018 (average: 1.1240), the exchange rate shifted by +0.1594 (+14.18%).

2019 Avg (February) 1.2834
2018 Avg (February) 1.1240

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2981 1.2675 1.2866
February 1.3002 1.2688 1.2834
March 1.2952 1.2693 1.2790
April 1.2897 1.2622 1.2729
May 1.2952 1.2734 1.2852
June 1.2866 1.2717 1.2797
July 1.2749 1.2643 1.2691
August 1.2789 1.2655 1.2722
September 1.2906 1.2751 1.2838
October 1.2902 1.2749 1.2851
November 1.2790 1.2619 1.2717
December 1.2698 1.2376 1.2587