2020 IQD to NGN Historical Review

YEARLY HIGH

0.3291 NGN

YEARLY LOW

0.2608 NGN

YEARLY AVERAGE

0.3178 NGN

2020 IQD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.3291. Conversely, the yearly low was recorded on December 28, dropping to 0.2608.

This high-to-low spread represents a total annual volatility of 0.0683 NGN. From a start-to-finish perspective, comparing the January average rate of 0.3039 to the December average rate of 0.3065, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3291 was up 6.62% compared to the 2019 peak of 0.3087, 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 1,646 NGN

2019 Average 1,511 NGN

Yearly Trough Low 1,304 NGN

Transaction Impact: A difference of 341.63 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3292

0.3016

JanuMarcMayJulySeptNove

IQD to NGN 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 0.3160, compared to 0.3196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.3160

H2 Avg (Jul–Dec) 0.3196

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0643 NGN (High: 0.3251 / Low: 0.2608). On the other end, June was the most stable month, with a tight range of 0.0016 NGN (High: 0.3261 / Low: 0.3245).

December Spread (Volatile) ±0.0643

June Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0140 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.3113) against the same month in 2019 (average: 0.3024), the exchange rate shifted by +0.0089 (+2.93%).

2020 Avg (March) 0.3113

2019 Avg (March) 0.3024

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3051	0.3030	0.3039
February	0.3071	0.3042	0.3055
March	0.3291	0.3050	0.3113
April	0.3277	0.3077	0.3232
May	0.3282	0.3246	0.3269
June	0.3261	0.3245	0.3253
July	0.3263	0.3244	0.3252
August	0.3262	0.3178	0.3228
September	0.3249	0.3191	0.3219
October	0.3236	0.3182	0.3206
November	0.3223	0.3193	0.3206
December	0.3251	0.2608	0.3065