2020 IQD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 IQD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the IQD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 210.3939. Conversely, the yearly low was recorded on December 24, dropping to 169.9924.
This high-to-low spread represents a total annual volatility of 40.4014 VEF. From a start-to-finish perspective, comparing the January average rate of 208.4556 to the December average rate of 198.5551, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 210.3939 was down 0.64% compared to the 2019 peak of 211.7470, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 IQD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
IQD to VEF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 208.6020, compared to 206.8074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7946 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 38.8207 VEF (High: 208.8131 / Low: 169.9924). On the other end, June was the most stable month, with a tight range of 0.5224 VEF (High: 208.8131 / Low: 208.2908).
Growth Streaks & Declines
TrendsBetween 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 9.9890 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 208.6102) against the same month in 2019 (average: 208.6514), the exchange rate shifted by -0.0412 (-0.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 208.8131 | 207.0839 | 208.4556 |
| February | 208.8131 | 208.1745 | 208.5408 |
| March | 210.3939 | 206.8936 | 208.6102 |
| April | 208.9009 | 207.8639 | 208.6328 |
| May | 209.1989 | 208.1069 | 208.7406 |
| June | 208.8131 | 208.2908 | 208.6318 |
| July | 208.8131 | 208.1667 | 208.4966 |
| August | 208.8131 | 207.5500 | 208.2659 |
| September | 208.9888 | 208.0386 | 208.4815 |
| October | 208.9009 | 207.5393 | 208.5010 |
| November | 208.8131 | 208.2164 | 208.5441 |
| December | 208.8131 | 169.9924 | 198.5551 |