YEARLY HIGH
0.0162 ZAR
YEARLY LOW
0.0100 ZAR
YEARLY AVERAGE
0.0138 ZAR

2020 IQD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.0162. Conversely, the yearly low was recorded on December 26, dropping to 0.0100.

This high-to-low spread represents a total annual volatility of 0.0062 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0121 to the December average rate of 0.0119, the exchange rate registered a net change of -1.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0162 was up 23.50% compared to the 2019 peak of 0.0131, 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 81 ZAR
2019 Average 61 ZAR
Yearly Trough Low 50 ZAR
Transaction Impact: A difference of 30.93 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0160
0.0115
JanuMarcMayJulySeptNove

IQD to ZAR 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 0.0140, compared to 0.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0140
H2 Avg (Jul–Dec) 0.0135

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0029 ZAR (High: 0.0128 / Low: 0.0100). On the other end, October was the most stable month, with a tight range of 0.0004 ZAR (High: 0.0140 / Low: 0.0136).

December Spread (Volatile) ±0.0029
October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0156) against the same month in 2019 (average: 0.0119), the exchange rate shifted by +0.0038 (+31.74%).

2020 Avg (April) 0.0156
2019 Avg (April) 0.0119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0126 0.0117 0.0121
February 0.0132 0.0124 0.0126
March 0.0152 0.0128 0.0140
April 0.0162 0.0151 0.0156
May 0.0159 0.0146 0.0153
June 0.0146 0.0139 0.0144
July 0.0144 0.0138 0.0141
August 0.0148 0.0139 0.0144
September 0.0144 0.0136 0.0140
October 0.0140 0.0136 0.0138
November 0.0137 0.0127 0.0130
December 0.0128 0.0100 0.0119