2020 JMD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 JMD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the JMD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 10.2897. Conversely, the yearly low was recorded on August 19, dropping to 7.9244.
This high-to-low spread represents a total annual volatility of 2.3652 IQD. From a start-to-finish perspective, comparing the January average rate of 8.8626 to the December average rate of 8.7803, the exchange rate registered a net change of -0.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 10.2897 was up 7.36% compared to the 2019 peak of 9.5839, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
JMD to IQD 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 8.5947, compared to 8.2935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3013 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 2.1456 IQD (High: 10.2897 / Low: 8.1441). On the other end, August was the most stable month, with a tight range of 0.1794 IQD (High: 8.1038 / Low: 7.9244).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4106 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 8.7803) against the same month in 2019 (average: 8.7049), the exchange rate shifted by +0.0754 (+0.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.1030 | 8.5287 | 8.8626 |
| February | 8.6740 | 8.4104 | 8.5210 |
| March | 8.9175 | 8.6740 | 8.8106 |
| April | 8.9002 | 8.4034 | 8.6615 |
| May | 8.4627 | 8.0925 | 8.2509 |
| June | 8.5550 | 8.3222 | 8.4619 |
| July | 8.5772 | 8.0861 | 8.3281 |
| August | 8.1038 | 7.9244 | 8.0052 |
| September | 8.4383 | 8.0500 | 8.2879 |
| October | 8.4262 | 8.1489 | 8.2510 |
| November | 8.2182 | 8.0331 | 8.1083 |
| December | 10.2897 | 8.1441 | 8.7803 |