YEARLY HIGH
0.0213 MXN
YEARLY LOW
0.0136 MXN
YEARLY AVERAGE
0.0180 MXN

2020 IQD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0213. Conversely, the yearly low was recorded on December 27, dropping to 0.0136.

This high-to-low spread represents a total annual volatility of 0.0077 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0158 to the December average rate of 0.0159, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0213 was up 24.71% compared to the 2019 peak of 0.0171, 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 106 MXN
2019 Average 81 MXN
Yearly Trough Low 68 MXN
Transaction Impact: A difference of 38.39 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0208
0.0153
JanuMarcMayJulySeptNove

IQD to MXN 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 0.0182, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0182
H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0050 MXN (High: 0.0213 / Low: 0.0163). On the other end, January was the most stable month, with a tight range of 0.0003 MXN (High: 0.0159 / Low: 0.0156).

March Spread (Volatile) ±0.0050
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0188) against the same month in 2019 (average: 0.0162), the exchange rate shifted by +0.0026 (+15.98%).

2020 Avg (March) 0.0188
2019 Avg (March) 0.0162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0159 0.0156 0.0158
February 0.0165 0.0156 0.0158
March 0.0213 0.0163 0.0188
April 0.0212 0.0196 0.0203
May 0.0209 0.0186 0.0197
June 0.0194 0.0180 0.0188
July 0.0191 0.0184 0.0188
August 0.0190 0.0182 0.0186
September 0.0188 0.0175 0.0181
October 0.0183 0.0175 0.0178
November 0.0179 0.0168 0.0171
December 0.0170 0.0136 0.0159