YEARLY HIGH
2.2709 MNT
YEARLY LOW
2.0489 MNT
YEARLY AVERAGE
2.1598 MNT

2019 IQD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the IQD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 2.2709. Conversely, the yearly low was recorded on January 31, dropping to 2.0489.

This high-to-low spread represents a total annual volatility of 0.2220 MNT. From a start-to-finish perspective, comparing the January average rate of 2.0596 to the December average rate of 2.2631, the exchange rate registered a net change of 9.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.2709 was up 7.62% compared to the 2018 peak of 2.1101, 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 11,354 MNT
2018 Average 10,215 MNT
Yearly Trough Low 10,244 MNT
Transaction Impact: A difference of 1,110.11 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2834
2.0392
JanuMarcMayJulySeptNove

IQD to MNT 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 2.0760, compared to 2.2435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1674 points.

H1 Avg (Jan–Jun) 2.0760
H2 Avg (Jul–Dec) 2.2435

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.1802 MNT (High: 2.2316 / Low: 2.0515). On the other end, November was the most stable month, with a tight range of 0.0109 MNT (High: 2.2592 / Low: 2.2483).

June Spread (Volatile) ±0.1802
November Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0318 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 2.2631) against the same month in 2018 (average: 2.0683), the exchange rate shifted by +0.1948 (+9.42%).

2019 Avg (December) 2.2631
2018 Avg (December) 2.0683

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0662 2.0489 2.0596
February 2.1119 2.0558 2.0764
March 2.1118 2.0587 2.0836
April 2.1107 2.0582 2.0947
May 2.1121 2.0520 2.0629
June 2.2316 2.0515 2.0790
July 2.2412 2.2220 2.2317
August 2.2673 2.2296 2.2361
September 2.2512 2.2287 2.2368
October 2.2510 2.2147 2.2401
November 2.2592 2.2483 2.2532
December 2.2709 2.2559 2.2631