YEARLY HIGH
1689.6158 IQD
YEARLY LOW
1655.1627 IQD
YEARLY AVERAGE
1680.1610 IQD

2019 JOD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 1689.6158. Conversely, the yearly low was recorded on August 25, dropping to 1655.1627.

This high-to-low spread represents a total annual volatility of 34.4531 IQD. From a start-to-finish perspective, comparing the January average rate of 1678.8115 to the December average rate of 1680.2215, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1689.6158 was down 0.01% compared to the 2018 peak of 1689.7982, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,448,079 IQD
2018 Average 8,385,475 IQD
Yearly Trough Low 8,275,813 IQD
Transaction Impact: A difference of 172,265.43 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1681.2035
1678.5941
JanuMarcMayJulySeptNove

JOD 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 1679.8885, compared to 1680.4336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5451 points.

H1 Avg (Jan–Jun) 1679.8885
H2 Avg (Jul–Dec) 1680.4336

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 31.0327 IQD (High: 1686.1954 / Low: 1655.1627). On the other end, February was the most stable month, with a tight range of 4.5974 IQD (High: 1682.3030 / Low: 1677.7057).

August Spread (Volatile) ±31.0327
February Spread (Stable) ±4.5974

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.9621 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9621

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 1680.9860) against the same month in 2018 (average: 1676.2716), the exchange rate shifted by +4.7145 (+0.28%).

2019 Avg (April) 1680.9860
2018 Avg (April) 1676.2716

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1687.7177 1673.5925 1678.8115
February 1682.3030 1677.7057 1679.8488
March 1686.1251 1677.6986 1679.6274
April 1689.6158 1678.4108 1680.9860
May 1686.5837 1678.4108 1680.5096
June 1687.0063 1675.0026 1679.5475
July 1687.6266 1678.4108 1680.2028
August 1686.1954 1655.1627 1680.9342
September 1685.9127 1672.0441 1680.2044
October 1686.6853 1676.4550 1680.4471
November 1684.0532 1677.2375 1680.5915
December 1683.8063 1676.9886 1680.2215