YEARLY HIGH
1.2434 MMK
YEARLY LOW
0.9085 MMK
YEARLY AVERAGE
1.1504 MMK

2020 IQD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 1.2434. Conversely, the yearly low was recorded on December 31, dropping to 0.9085.

This high-to-low spread represents a total annual volatility of 0.3349 MMK. From a start-to-finish perspective, comparing the January average rate of 1.2319 to the December average rate of 1.0684, the exchange rate registered a net change of -13.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2434 was down 4.37% compared to the 2019 peak of 1.3002, 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 6,217 MMK
2019 Average 6,386 MMK
Yearly Trough Low 4,543 MMK
Transaction Impact: A difference of 1,674.46 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.2483
1.0520
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 1.1945, compared to 1.1063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0882 points.

H1 Avg (Jan–Jun) 1.1945
H2 Avg (Jul–Dec) 1.1063

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.2520 MMK (High: 1.1605 / Low: 0.9085). On the other end, May was the most stable month, with a tight range of 0.0176 MMK (High: 1.1875 / Low: 1.1699).

December Spread (Volatile) ±0.2520
May Spread (Stable) ±0.0176

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0414 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.2319) against the same month in 2019 (average: 1.2866), the exchange rate shifted by -0.0547 (-4.25%).

2020 Avg (January) 1.2319
2019 Avg (January) 1.2866

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2434 1.2238 1.2319
February 1.2293 1.2071 1.2172
March 1.2071 1.1202 1.1758
April 1.2183 1.1678 1.1927
May 1.1875 1.1699 1.1786
June 1.1805 1.1498 1.1706
July 1.1656 1.1409 1.1482
August 1.1504 1.1124 1.1375
September 1.1200 1.0964 1.1088
October 1.0963 1.0719 1.0842
November 1.1050 1.0761 1.0906
December 1.1605 0.9085 1.0684