YEARLY HIGH
1.9546 TZS
YEARLY LOW
1.5865 TZS
YEARLY AVERAGE
1.9351 TZS

2020 IQD to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 1.9546. Conversely, the yearly low was recorded on December 31, dropping to 1.5865.

This high-to-low spread represents a total annual volatility of 0.3682 TZS. From a start-to-finish perspective, comparing the January average rate of 1.9327 to the December average rate of 1.8531, the exchange rate registered a net change of -4.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.9546 was down 1.46% compared to the 2019 peak of 1.9836, 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 9,773 TZS
2019 Average 9,683 TZS
Yearly Trough Low 7,932 TZS
Transaction Impact: A difference of 1,840.76 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9565
1.8437
JanuMarcMayJulySeptNove

IQD to TZS 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 1.9391, compared to 1.9310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 1.9391
H2 Avg (Jul–Dec) 1.9310

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.3623 TZS (High: 1.9488 / Low: 1.5865). On the other end, November was the most stable month, with a tight range of 0.0061 TZS (High: 1.9497 / Low: 1.9436).

December Spread (Volatile) ±0.3623
November Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between March and July, 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 0.0930 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0930

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 1.9471) against the same month in 2019 (average: 1.9304), the exchange rate shifted by +0.0167 (+0.87%).

2020 Avg (July) 1.9471
2019 Avg (July) 1.9304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9405 1.9209 1.9327
February 1.9421 1.9318 1.9379
March 1.9459 1.9290 1.9348
April 1.9491 1.9324 1.9420
May 1.9460 1.9310 1.9429
June 1.9479 1.9405 1.9443
July 1.9546 1.9427 1.9471
August 1.9546 1.9420 1.9466
September 1.9511 1.9433 1.9465
October 1.9506 1.9425 1.9464
November 1.9497 1.9436 1.9462
December 1.9488 1.5865 1.8531