YEARLY HIGH
10.2295 IQD
YEARLY LOW
9.3605 IQD
YEARLY AVERAGE
9.7236 IQD

2019 ISK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 10.2295. Conversely, the yearly low was recorded on September 7, dropping to 9.3605.

This high-to-low spread represents a total annual volatility of 0.8690 IQD. From a start-to-finish perspective, comparing the January average rate of 9.9563 to the December average rate of 9.7638, the exchange rate registered a net change of -1.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 10.2295 was down 15.49% compared to the 2018 peak of 12.1039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 51,148 IQD
2018 Average 55,234 IQD
Yearly Trough Low 46,803 IQD
Transaction Impact: A difference of 4,344.85 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

9.9982
9.4961
JanuMarcMayJulySeptNove

ISK to IQD 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 9.8309, compared to 9.6162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2146 points.

H1 Avg (Jan–Jun) 9.8309
H2 Avg (Jul–Dec) 9.6162

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.5350 IQD (High: 10.2295 / Low: 9.6945). On the other end, October was the most stable month, with a tight range of 0.1381 IQD (High: 9.6467 / Low: 9.5085).

March Spread (Volatile) ±0.5350
October Spread (Stable) ±0.1381

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.1903 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1903

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 9.9370) against the same month in 2018 (average: 11.9332), the exchange rate shifted by -1.9962 (-16.73%).

2019 Avg (March) 9.9370
2018 Avg (March) 11.9332

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.2286 9.8023 9.9563
February 10.0255 9.8439 9.9450
March 10.2295 9.6945 9.9370
April 10.0290 9.7011 9.8923
May 9.8274 9.5682 9.7021
June 9.6468 9.4168 9.5525
July 9.8567 9.3952 9.5597
August 9.8306 9.4437 9.6270
September 9.6907 9.3605 9.5379
October 9.6467 9.5085 9.5628
November 9.8175 9.5230 9.6461
December 9.8433 9.6575 9.7638