YEARLY HIGH
0.0630 MZN
YEARLY LOW
0.0511 MZN
YEARLY AVERAGE
0.0580 MZN

2020 IQD to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0630. Conversely, the yearly low was recorded on December 28, dropping to 0.0511.

This high-to-low spread represents a total annual volatility of 0.0119 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0525 to the December average rate of 0.0595, the exchange rate registered a net change of 13.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0630 was up 14.53% compared to the 2019 peak of 0.0550, 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 315 MZN
2019 Average 263 MZN
Yearly Trough Low 256 MZN
Transaction Impact: A difference of 59.30 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0628
0.0515
JanuMarcMayJulySeptNove

IQD to MZN 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 0.0558, compared to 0.0602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0558
H2 Avg (Jul–Dec) 0.0602

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0119 MZN (High: 0.0630 / Low: 0.0511). On the other end, September was the most stable month, with a tight range of 0.0006 MZN (High: 0.0606 / Low: 0.0600).

December Spread (Volatile) ±0.0119
September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0023 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0595) against the same month in 2019 (average: 0.0530), the exchange rate shifted by +0.0065 (+12.33%).

2020 Avg (December) 0.0595
2019 Avg (December) 0.0530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0536 0.0512 0.0525
February 0.0549 0.0534 0.0541
March 0.0565 0.0547 0.0554
April 0.0570 0.0559 0.0565
May 0.0583 0.0570 0.0576
June 0.0589 0.0582 0.0586
July 0.0595 0.0588 0.0591
August 0.0600 0.0592 0.0597
September 0.0606 0.0600 0.0603
October 0.0614 0.0607 0.0610
November 0.0623 0.0613 0.0619
December 0.0630 0.0511 0.0595