YEARLY HIGH
0.4355 SYP
YEARLY LOW
0.3508 SYP
YEARLY AVERAGE
0.4290 SYP

2020 IQD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.4355. Conversely, the yearly low was recorded on December 24, dropping to 0.3508.

This high-to-low spread represents a total annual volatility of 0.0846 SYP. From a start-to-finish perspective, comparing the January average rate of 0.4320 to the December average rate of 0.4098, the exchange rate registered a net change of -5.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4355 was down 0.74% compared to the 2019 peak of 0.4387, 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 2,177 SYP
2019 Average 2,162 SYP
Yearly Trough Low 1,754 SYP
Transaction Impact: A difference of 423.20 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4345
0.4076
JanuMarcMayJulySeptNove

IQD to SYP 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 0.4316, compared to 0.4264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.4316
H2 Avg (Jul–Dec) 0.4264

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0801 SYP (High: 0.4309 / Low: 0.3508). On the other end, February was the most stable month, with a tight range of 0.0014 SYP (High: 0.4328 / Low: 0.4314).

December Spread (Volatile) ±0.0801
February Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between August and November, 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 0.0206 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.4322) against the same month in 2019 (average: 0.4324), the exchange rate shifted by -0.0003 (-0.06%).

2020 Avg (March) 0.4322
2019 Avg (March) 0.4324

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4328 0.4292 0.4320
February 0.4328 0.4314 0.4322
March 0.4355 0.4287 0.4322
April 0.4320 0.4301 0.4311
May 0.4325 0.4297 0.4312
June 0.4319 0.4299 0.4310
July 0.4313 0.4291 0.4303
August 0.4303 0.4275 0.4290
September 0.4304 0.4282 0.4292
October 0.4310 0.4280 0.4299
November 0.4311 0.4292 0.4304
December 0.4309 0.3508 0.4098