YEARLY HIGH
0.0072 TRY
YEARLY LOW
0.0049 TRY
YEARLY AVERAGE
0.0059 TRY

2020 IQD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.0072. Conversely, the yearly low was recorded on January 16, dropping to 0.0049.

This high-to-low spread represents a total annual volatility of 0.0022 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0050 to the December average rate of 0.0062, the exchange rate registered a net change of 24.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0072 was up 38.52% compared to the 2019 peak of 0.0052, 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 36 TRY
2019 Average 24 TRY
Yearly Trough Low 25 TRY
Transaction Impact: A difference of 11.25 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0069
0.0048
JanuMarcMayJulySeptNove

IQD to TRY 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 0.0054, compared to 0.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0054
H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0016 TRY (High: 0.0066 / Low: 0.0051). On the other end, January was the most stable month, with a tight range of 0.0001 TRY (High: 0.0050 / Low: 0.0049).

December Spread (Volatile) ±0.0016
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0067) against the same month in 2019 (average: 0.0048), the exchange rate shifted by +0.0019 (+38.77%).

2020 Avg (November) 0.0067
2019 Avg (November) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0050 0.0049 0.0050
February 0.0052 0.0050 0.0051
March 0.0056 0.0051 0.0053
April 0.0059 0.0055 0.0058
May 0.0061 0.0057 0.0058
June 0.0058 0.0056 0.0057
July 0.0059 0.0057 0.0058
August 0.0062 0.0058 0.0061
September 0.0066 0.0062 0.0063
October 0.0070 0.0065 0.0067
November 0.0072 0.0063 0.0067
December 0.0066 0.0051 0.0062